Updates
Utila Partners with Borderless.xyz to Empower PSPs and Payments Firms with Global Banking Rails
Nov 26, 2024
Expanding Global Reach with Utila
Through this collaboration, Utila’s payments customers gain direct access to Borderless.xyz’s global stablecoin orchestration network. With Borderless.xyz, payments can seamlessly flow between fiat and stablecoins in over 50 countries and 23 currencies. Utila users can now leverage local banking rails while simultaneously benefiting from Utila’s powerful crypto operations platform—all in a secure, compliant, and user-friendly environment.
Key Benefits for Payments Companies
Streamlined Global Payments and Liquidity
Payments companies can onramp and offramp stablecoins worldwide through Borderless.xyz, eliminating the need for multiple integrations or third-party systems.Regulated, Compliant Transactions
Borderless.xyz is powered by a network of participating financial institutions (PFIs), ensuring all transactions meet local compliance and regulatory standards.Easy Workspace Configuration
New and existing Utila users can create pre-configured crypto workspaces directly from Borderless.xyz’s APIs and dashboard, giving them a straightforward path to add stablecoin payments—even without prior experience.Seamless Orchestration with Utila
Approved transactions flow directly into a user’s Utila workspace, enabling cohesive management of fiat-to-crypto conversions, approvals, and day-to-day crypto operations under one roof.
A Word from Our Leaders
“We are thrilled to partner with Borderless.xyz to provide our payments customers with access to local banking rails and fiat currencies globally. This partnership combines Utila’s industry-leading institutional crypto operations platform with Borderless.xyz’s leading payments infrastructure to offer a comprehensive solution for the next generation of payments.”
— Bentzi Rabi, Co-founder & CEO of Utila
“We are extremely impressed with Utila and the wide variety of options they provide for managing institutional crypto operations from a unified platform. Payments companies are flocking to stablecoins and onchain assets to improve both speed and reliability of transactions while simultaneously reducing cost. We’re excited to combine our global liquidity and transfer capabilities with Utila’s leading crypto operations products.”
— Kevin Lehtiniitty, CEO of Borderless.xyz
Unlocking Faster, Cheaper, and More Accessible Payments
This collaboration represents a major milestone in delivering global stablecoin capabilities to institutions and PSPs. By connecting Utila’s robust crypto operations platform with Borderless.xyz’s global stablecoin orchestration network, payment firms can confidently bridge fiat currency to stablecoins on a global scale—empowering them to unlock faster, more cost-effective, and more reliable payment workflows.
About Borderless.xyz
Borderless.xyz is a leading global payments infrastructure company designed to facilitate transactions using internet-native money, including stablecoins and real-world assets (RWAs). Covering more than 50 countries and 23 currencies, Borderless.xyz’s mission is to empower builders to create efficient money movement, deliver stable currencies to emerging markets, and drive the transition to onchain banking.
About Utila
Utila is an enterprise-grade crypto operations platform and institutional MPC wallet provider. Utila enables organizations of all sizes to securely manage digital assets across multiple blockchains, wallets, and users on a single platform, without added complexity. Trusted by industry leaders, Utila has secured over $10 billion in transactions and continues to grow rapidly.
Ready to simplify cross-border transactions with stablecoins?
Reach out to us at Borderless.xyz to learn more about how this partnership can help your organization streamline payments, reduce costs, and achieve true global scale. We look forward to unlocking new possibilities with you.
