Bastion Integrates with Borderless.xyz to Combine Regulated Wallet Infrastructure with Global Banking Rails
Campbell, California, October 31st, 2024, Chainwire Combining regulated wallet infrastructure with stablecoin orchestration, Bastion now enables fiat on-ramps and off-ramps across 50+ countries through its unified stablecoin APIs. Today, Bastion is thrilled to announce its integration into the Borderless.xyz Global Transfer Protocol to deliver global banking access to on-ramp, off-ramp, and payments innovators. Enterprises will now be able to access Borderless.xyz’s network of stablecoin and fiat currency liquidity in over 50 countries through Bastion’s regulated wallets and scalable APIs facilitating global payouts, collections, and cross-border payments. Traditional remittance methods operate in closed systems that involve multiple intermediaries which drives up costs for consumers and businesses. Borderless.xyz seeks to address this issue with a blockchain-based network called Global Transfer Protocol (GTP) which serves as a liquidity framework between stablecoins and local fiat c