Trace Finance Joins Borderless.xyz to Revolutionize Brazil's FX Transactions with 50% Cost Reduction

Trace Finance, a pioneer in cross-border settlement and stablecoin payments, has officially joined the Borderless.xyz network. This integration is set to reshape how institutions and enterprises manage foreign exchange (FX) transactions, by making them cheaper, faster, and more transparent—a leap forward for stablecoin-based global finance.

By embedding Trace Finance’s infrastructure into the Borderless.xyz global payments network, the partnership aims to significantly reduce the cost of FX transactions settled through stablecoins. Businesses and institutions will now benefit from named accounts, third-party payments, and near mid-market rates, bringing real-world usability to blockchain-based financial systems.

Brazil is central to this initiative. With high remittance volumes and a rising demand for faster, cost-effective settlement options, the South American market stands out as a strong candidate for stablecoin adoption. Kevin Lehtiniitty, CEO of Borderless.xyz, explained that the goal has always been to make cross-border transactions simpler and more efficient. Brazil remains a key market for stablecoin adoption due to its high remittance volume and appetite for lower-cost, faster settlement options. Trace Finance’s capabilities align perfectly with this mission.

Bernardo Brites, CEO of Trace Finance, shared the company’s excitement about the collaboration. This partnership gives Borderless’ partners access to seamless BRL on/off ramps, stablecoin infrastructure, and instant settlement—all delivered at near mid-market rates. He further added that Trace Finance already processes hundreds of millions of USD every month, and this integration will unlock new payment corridors, boost scalability, and expand reach for global partners.

This move is a significant milestone for Borderless.xyz, which continues to lead the charge in unifying stablecoin platforms and local financial providers into one robust network. With this new partnership, the platform expands its ability to offer faster, more accessible, and transparent value transfers across regions. By combining Trace Finance’s infrastructure with Borderless.xyz’s vast coverage across 50+ countries and 23 currencies, users will be able to move money globally with ease, powered by internet-native currencies and blockchain efficiency.

Borderless.xyz is a next-gen global payments infrastructure provider focused on the use of stablecoins and real-world assets (RWAs). Backed by prominent investors, the company is on a mission to transform traditional banking by enabling on-chain financial solutions for both enterprises and builders. With the addition of Trace Finance, Borderless.xyz is one step closer to realizing a future where blockchain-powered cross-border payments are the norm, not the exception.

In summary, the partnership between Trace Finance and Borderless.xyz represents a game-changer for FX liquidity and stablecoin payments in Brazil. By providing a seamless and efficient payment system, the collaboration is set to revolutionize the way users conduct cross-border transactions, making it easier and more affordable to transfer funds across borders. The move is expected to have a positive impact on the financial technology sector, as it encourages the adoption of stablecoins for cross-border payments and fosters innovation in the industry.