The Borderless Network is comprised of participating financial institutions (PFIs) that are locally licensed in jurisdictions around the world. Thought this network of PFIs, Borderless orchestrates global remittances and liquidity between stablecoins and fiat currencies enabling cross-border transfers, collections, payouts, onramp, and offramp for financial institutions, payments companies, fintechs, and large corporates.
Transfers need to arrive on time, every time. With multiple participating financial institutions (PFIs) covering certain jurisdictions, the Borderless Network creates redundancy to ensure transactions are completed even in the event of a technical, regulatory, or other outage with a particular PFI versus only working with a single bank directly.
Higher volume creates lower costs. The Borderless Network combines the volumes of all network participants to participating financial institutions (PFIs) resulting in lower costs for all transactions through collective bargaining.
Coming next year, a smart order router (SOR) will sit on top of the network allowing PFIs to bid for transactions further reducing costs further by creating competition for transaction flow.
The Borderless Network orchestrates the compliance onboarding process across the right participating financial institutions (PFIs) across the network to complete the transaction.
Geographic Coverage
Integrate the APIs to create a fully customized user experience and to seamlessly integrate the Borderless Network into your existing APIs, apps, and dashboards. The API is the most robust and powerful integration.
Borderless.xyz maintains a straight forward REST API spanning transactions, compliance, crypto swaps/liquidity, and the participating financial institution (PFI) network.
Comprehensive guides, API references, and optional shared Slack channel with the Borderless engineering and ops teams simplifies integrations to launch quickly.
Integrations typically range from a few days to a couple weeks depending on the exact use-case, geographical coverage, and app complexity.