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Capa Joins Borderless.xyz Network, Strengthening Stablecoin Payments in Mexico
In a groundbreaking move, Capa, a leading financial infrastructure company powering crypto adoption in Latin America, has joined forces with Borderless.xyz, a global payments infrastructure company. This strategic partnership aims to significantly strengthen stablecoin payments in Mexico.
As part of the agreement, Capa’s local payment rails will be integrated into the Borderless.xyz network. This integration is expected to have numerous benefits for financial institutions, payments companies, fintechs, and corporate clients operating in Mexico. Specifically, it will enhance transaction speed, reduce costs, and increase flexibility.
Borderless.xyz CEO Kevin Lehtiniitty emphasized the importance of this collaboration in a statement, highlighting Mexico’s critical remittance corridor with the United States. He pointed out that the partnership would provide more efficient and cost-effective payment solutions to users operating within these corridors.
Capa CEO Juan Diego Oliva echoed similar sentiments, stating that his company is committed to making financial infrastructure in Latin America programmable, compliant, and accessible. By joining forces with Borderless.xyz, Capa further solidifies its position as a key player in the region’s evolving fintech landscape.
The implications of this partnership are far-reaching and significant, as it sets the stage for more seamless cross-border transactions in Mexico and beyond.
Source: https://cryptopotato.com/capa-joins-borderless-xyz-network-strengthening-stablecoin-payments-in-mexico/
