Borderless.xyz, a global payments infrastructure platform enabling transactions via stablecoins and real-world assets (RWAs), has announced a strategic partnership with Trace Finance, a leading digital asset infrastructure provider in Brazil. This collaboration aims to enhance FX liquidity and streamline cross-border settlements through stablecoins.
With this integration, Trace Finance’s robust bare-metal FX liquidity and extensive local payment rails will be embedded directly into the Borderless.xyz stablecoin orchestration platform. This synergy is expected to drastically reduce the cost of FX transactions conducted via stablecoins while providing institutional users with faster, more secure, and transparent settlement processes.
Known for powering top-tier aggregators such as dLocal, Trace Finance brings deep expertise in cross-border payments, particularly in high-volume corridors. The integration further positions Brazil as a crucial market for stablecoin-based financial infrastructure.
“Our goal has always been to make cross-border transactions simpler and more efficient,” said Kevin Lehtiniitty, CEO of Borderless.xyz. “Brazil is a strategic market due to its strong remittance activity and demand for cost-effective settlement solutions. Trace Finance is a natural fit for our mission.”
Echoing the sentiment, Bernardo Brites, CEO of Trace Finance, stated, “We’re excited to be part of the Borderless network. This partnership enables us to offer seamless BRL on/off ramps, named accounts, and third-party payment support—at rates close to mid-market. With hundreds of millions of USD moved monthly, this integration allows us to unlock new corridors and provide near-instant settlement with exceptional pricing.”
Through this alliance, Borderless.xyz continues its mission of creating a unified ecosystem for stablecoin platforms and local financial rails. The result is a more accessible and efficient cross-border payment infrastructure that bridges the gap between on-chain innovation and traditional finance.