
Updates
Ares Joins the Borderless.xyz Network, Expanding Stablecoin coverage Across South and Central America
Apr 24, 2025
We’re excited to announce that Borderless.xyz has teamed up with Ares to expand our orchestration network across Latin America. Through this partnership, financial institutions, payments companies, fintechs, and corporates can tap into Ares’ robust local payout rails via Borderless.xyz’s single-API platform—delivering deeper liquidity, greater reliability, lower costs, and more flexibility when selecting counterparties.
“Latin America is one of the fastest-growing regions for stablecoin payouts, and our customers consistently ask for broader coverage beyond the traditional remittance corridors,” said Kevin Lehtiniitty, CEO of Borderless.xyz. “Ares brings best-in-class liquidity and competitive FX pricing across key markets in Central America. Embedding their infrastructure into the Borderless.xyz Network dramatically enhances our rails in Costa Rica, Panama, Paraguay, the Dominican Republic, Uruguay, El Salvador, and Guatemala—ultimately lowering transaction costs and improving speed for everyone involved.”
“At Ares, we strive to make local payouts programmable, compliant, and effortless,” added José Alberto (Beto) Díaz García, Co-founder of Ares. “Joining Borderless.xyz’s global stablecoin network underscores our commitment to interoperability and efficiency. Together, we’re simplifying complex payment flows for businesses moving value between Latin America and the rest of the world.”
This collaboration marks another milestone in Borderless.xyz’s mission to unite the world’s leading stablecoin innovators under one network. By connecting diverse local rails into a cohesive global system, we’re making cross-border payments faster, simpler, and more cost-effective for all.
Read the full announcement here.