Stablecoin Security Standards Set: Borderless.xyz Achieves SOC 2 Type 1 Certification

Borderless.xyz Sets Security Standard for Stablecoin Industry, Achieves SOC 2 Type 1 Certification

In a groundbreaking move, Borderless.xyz has successfully completed its Service Organization Control (SOC) 2 Type 1 certification in just its first year of operation. This monumental achievement underscores the company’s unwavering commitment to risk management, operational excellence, and cybersecurity.

As stablecoins continue to revolutionize the payments industry, it is crucial that companies like Borderless.xyz prioritize security and compliance to mitigate operational risks. The SOC 2 Type 1 certification serves as a benchmark for securing sensitive information and business operations, ensuring trust with customers in an ever-evolving market.

“We understand that our clients entrust us to securely process transactions, manage liquidity networks, and orchestrate collections, payouts, and remittances,” said Kevin Lehtiniitty, CEO of Borderless.xyz. “In pursuit of SOC 2 Type 1 certification, we reaffirm our dedication to surpassing industry benchmarks for operational and cybersecurity controls.”

By achieving this milestone, Borderless.xyz invites customers to engage with their support and sales teams to explore the comprehensive report outlining their internal controls and compliance efforts. Furthermore, users can find additional information on security practices, platform architecture, and ongoing enhancements on the company’s website.

Borderless.xyz aims to empower developers by creating efficient money movement, facilitating access to stable currencies in emerging markets, and driving the transition to on-chain banking. With this achievement, Borderless.xyz solidifies its position as a leading provider of global payments infrastructure, utilizing stablecoins and real-world assets (RWAs).

Founded with support from prominent venture capital firm Amity Ventures and seasoned executives from notable companies such as Fireblocks, Socure, and Talos, Borderless.xyz is poised to become the go-to choice for those seeking secure and compliant transactions.

Borderless.xyz has made significant strides in establishing itself as a benchmark setter within the stablecoin ecosystem.

Source: cryptopotato.com