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Cryptocurrency News Articles

Borderless.xyz Integrates Fireblocks to Bolster Fiat-to-Crypto Payment Infrastructure

Nov 02, 2024 at 12:01 am

Borderless.xyz has announced its integration with Fireblocks to bolster its fiat-to-crypto payment infrastructure, utilizing Fireblocks' Payments Engine and Wallet as a Service (WaaS) to enhance on- and off-ramp flows for both fiat and stablecoin transactions.

Borderless.xyz Integrates Fireblocks to Bolster Fiat-to-Crypto Payment Infrastructure

Fintech firm Borderless.xyz has announced its integration with Fireblocks to bolster its fiat-to-crypto payment infrastructure. This collaboration will utilize Fireblocks' Payments Engine and Wallet as a Service (WaaS) to enhance on- and off-ramp flows for both fiat and stablecoin transactions.

The integration will enable Borderless.xyz to tap into Fireblocks’ Network, offering connectivity with liquidity providers and exchanges, expanding its support for secure and compliant digital payment solutions.

This partnership highlights the increasing demand for interoperability in digital payments, a feature that Borderless.xyz emphasizes as essential for businesses looking to transfer value across various payment types and blockchain networks.

By leveraging Fireblocks' technology, Borderless.xyz now supports businesses aiming to bridge the gap between traditional finance and blockchain, catering to a growing need for more efficient cross-chain transactions and local payment options.

“Fireblocks is proud to support Borderless in their mission to create a more accessible, secure infrastructure for fiat-to-crypto payments,” said Ran Goldi, SVP of Payments and Network at Fireblocks.

This collaboration also strengthens Borderless.xyz's security and compliance measures, enabling it to navigate regulatory requirements in multiple jurisdictions and cater to a diverse, global user base.

With this integration, Borderless.xyz aims to meet the needs of organizations seeking secure and scalable digital asset infrastructure in an increasingly digital financial ecosystem.

The evolving role of digital assets in payments will be a key topic at Benzinga's Future of Digital Assets on Nov. 19, where attendees can gain insights into how collaborations like this are shaping the future of financial technology.

This conference will serve as a platform for discussions on regulatory challenges, security measures, and innovative use cases for digital asset payments, offering valuable perspectives for businesses and investors.

This integration is expected to enhance Borderless.xyz's fiat-to-crypto payment infrastructure, catering to the needs of businesses navigating the digital financial landscape.

News source:www.benzinga.com

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