
Updates
Bastion integrates with Borderless.xyz to Combine Regulated Wallet Infrastructure with Global Banking Rails
Oct 28, 2024
Bastion Integrates with Borderless.xyz to Bring Regulated Wallet Infrastructure to Global Payment Rails
At Borderless.xyz, our goal is to seamlessly connect stablecoins with local banking networks in over 50 countries—empowering on-ramps, off-ramps, and other payment innovators to drive the next generation of financial services. Today, we’re excited to welcome Bastion into our ecosystem. By integrating with our global stablecoin orchestration network, Bastion expands its regulated wallet APIs to include instant access to global stablecoin and fiat liquidity.
Simplifying Global Payments Through Stablecoins
Traditional remittance and payment solutions often involve multiple intermediaries, creating delays, high fees, and complexity for both businesses and consumers. Borderless.xyz tackles these challenges head-on with our blockchain-based global stablecoin orchestration network—a liquidity framework connecting stablecoins and local fiat currencies around the world.
Already backed by a network of six participating Financial Institutions (PFIs), our protocol provides fast, compliant, and cost-effective global money movement. By collaborating with Bastion, we can deliver a secure onramp and offramp experience to enterprises looking to tap into stablecoin payments at scale.
“Strong liquidity between stablecoins and local fiat banking rails is critical to building stablecoin-based payment solutions as well as onramps and offramps,”
— Nassim Eddequiouaq, Co-founder of Bastion and former CISO at a16z crypto.
“We evaluated the leading industry solutions and determined Borderless.xyz’s global orchestration network was the best infrastructure to incorporate in order to support the market shift to onchain payments.”
The Power of Regulated Custody
As the industry matures, compliance and regulation remain top priorities—especially for businesses dealing with cross-border transactions. Bastion’s regulated wallet infrastructure ensures a high level of trust and security, meeting stringent US standards and staying ahead of a rapidly evolving global regulatory landscape.
“Regulated wallets are a cornerstone for institutional adoption of stablecoins in payments,”
— Kevin Lehtiniitty, CEO of Borderless.xyz.
“We’ve been extremely impressed with the team at Bastion and are excited to work alongside their best-in-class products to deliver the next generation of infrastructure to PSPs, payroll providers, and on-ramps and off-ramps.”
Key Benefits of the Bastion-Borderless.xyz Integration
Regulated Wallet Infrastructure
Bastion’s APIs offer robust compliance, enhanced security, and cost-efficiency, making it easier than ever for businesses to integrate stablecoin payments.Seamless Access to 50+ Countries
Through our Borderless.xyz's global network, Bastion’s users can rapidly onramp and offramp stablecoins, tapping into local fiat rails in 50+ countries and 23 currencies.Faster Time to Market
Companies can go live 5x faster and reduce compliance costs by 70%, creating on-ramps, off-ramps, and new payment products without juggling multiple providers.Unified Global Platform
Bastion’s regulated infrastructure plus Borderless.xyz’s liquidity network combine into one end-to-end solution for stablecoin-based transactions.
Paving the Way for the Future of Payments
Stablecoins hold the key to faster, cheaper, and more transparent international money movement. By joining forces, Bastion and Borderless.xyz are positioned to drive this transformation across on-ramps, payroll services, PSPs, and beyond. Our integrated offerings mean businesses can focus on innovation without getting bogged down by compliance complexity or limited global coverage.
About Bastion
Bastion is a regulated wallet API that enables businesses to launch compliant payments and trading products in days—not years—while saving an average of $2M annually. Founded by two former a16z executives, Bastion is a US-regulated financial institution registered as an MSB with Money Transmitter Licenses in multiple states. Their focus on compliance, security, and simplicity has helped them rapidly earn the trust of major industry players.
About Borderless.xyz
Borderless.xyz is a leading global payments infrastructure company committed to simplifying cross-border transactions with internet-native money (stablecoins and real-world assets). Operating in more than 50 countries and 23 currencies, Borderless.xyz’s Global Transfer Protocol (GTP) brings new levels of speed, accessibility, and cost-efficiency to global finance—propelling the transition toward onchain banking.