by New York, New York, June 23rd, 2026, FinanceWire
This integration brings LatAm last-mile rail depth to the Borderless.xyz network
Borderless.xyz, the global stablecoin orchestration and liquidity network, today announced that alfred has joined its network as a Participating Financial Institution (PFI), expanding stablecoin on/off-ramp coverage across Latin America. The partnership adds depth in corridors and rail types that Borderless.xyz customers have been actively requesting, available immediately through their existing API integration.
alfred is LatAm last-mile payments infrastructure that bridges stablecoins and local banking systems across 11 countries and 13 payment rails. Their Penny API provides a single interface for KYC/KYB onboarding, fiat-stablecoin conversion, on/off-ramp transactions, virtual accounts, and fiat-to-fiat transfers. Alfred’s network includes Colombia’s leading digital wallet rails, named virtual accounts in Argentina, and live coverage across markets like the Dominican Republic, Bolivia, and El Salvador where most providers fall short.
“Our customers come to us because they need LatAm coverage that actually works at depth, not just the major corridors. Alfred fills the gaps we’ve been hearing about most consistently, from Colombia’s digital wallet ecosystem to the Dominican Republic to named virtual accounts in Argentina. Adding them to the network means our customers get that coverage through the same integration they’re already on.” – Kevin Lehtiniitty, CEO of Borderless.xyz
“We’re big fans of Kevin, Alex and the whole Borderless team and we’re proud to support the Borderless.xyz network with the infrastructure businesses need to move funds reliably across key LATAM markets and payment rails throughout the region.” – Luis Miller, Head of Partnerships at alfred.
alfred’s corridors are available to all existing Borderless.xyz customers immediately, with no additional onboarding, contract negotiation, or API integration required. New customers can access Alfred’s coverage as part of the Borderless.xyz network starting today. Borderless.xyz‘s network currently connects wallet infrastructure to 14+ locally-licensed stablecoin providers across 94+ countries and 63+ fiat currencies.
About alfred
Alfred is a Miami-based fintech company that provides a payments infrastructure platform to bridge legacy payment systems with digital and crypto-based infrastructures across Latin America. Founded in 2022 by Diego Yanez, Matias Plano, Luis Miller, Marino A Marrero B, and Ronald Johnson, the company was born from firsthand experience with the complexities of cross-border payments. To learn more, users can visit the website: alfredpay.io
About Borderless.xyz
Borderless.xyz is a global stablecoin orchestration and liquidity network. Its single API connects wallet infrastructure to 14+ licensed stablecoin providers across 94+ countries and 63+ fiat currencies, giving businesses the speed of an aggregator with the economics of going direct. Borderless.xyz is SOC 2 Type II certified and headquartered in New York. To learn more, users can visit the website: borderless.xyz.
Contact
Sarah Cohen
SJC PR
sarah@sjc-pr.com
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