
Borderless CPO Alex Garn discusses how the company is building a network that integrates different local providers into a single API for cross-border payments with stablecoins. Borderless acts as a communication and technology layer, streamlining operations and consolidating data for banks, PSPs, and remittance platforms. Stablecoins are transitioning from being used as collateral to being seriously considered by businesses for global money movement and treasury, unlocked by regulatory frameworks like Genius. While mature corridors can handle large sums, emerging markets may face liquidity constraints. The U.S. to Latin America corridor is popular due to close ties and interest in US dollars, with Brazil, Venezuela, Argentina, and Colombia being major areas.
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