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Kevin Lehtiniitty
@KevLeht
creating @borderlessxyz to bring banking and payments onchain. pronouns: locked/in
New York, USA
borderless.xyz
Joined December 2009
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4,264
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  • user avatar
    Kevin Lehtiniitty
    @KevLeht
    Aug 7
    A stablecoin payment can settle in seconds and still get stuck. The bottleneck isn't speed. It's trust. That was the yin and yang David Goldschmidt and I kept circling onstage at @Mastercard's NYC office this week. @borderlessxyz spent years making payments move reliably across
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    Kevin Lehtiniitty
    @KevLeht
    Aug 5
    Moving stablecoins reliably across 100+ countries is hard. We spent 2.5 years building the platform companies use to transact with a network of licensed on & offramp providers around the world, without dropping payments. That part we've solved. The part that doesn't scale is
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    Kevin Lehtiniitty
    @KevLeht
    Aug 3
    Paying a supplier $10K into their bank account in Singapore costs under two dollars. The same payment into a bank account in Ghana costs $284. Same stablecoin in, same money landing. The only thing that changed is the last mile. What we price is the actual job: stablecoin in,
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    Kevin Lehtiniitty
    @KevLeht
    Jun 11
    Mexico has SPEI. Brazil has PIX. Colombia has PSE. None of them talk to each other. That's not a gap in LATAM payments, it's the shape of the entire market. Every "we expanded to LATAM" announcement treats the region like one country. It's a dozen, each with its own rails,
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    Kevin Lehtiniitty
    @KevLeht
    Jun 8
    This is exactly the right read on the market: conversion only matters when it’s wired into the full stack (compliance, virtual accounts, treasury) not bolted on beside it. Getting compliance right at scale, in a way that’s actually usable, is the part most people underestimate.
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    Nass Eddequiouaq
    Bastion
    @nassyweazy
    Jun 8
    Our On & Offramp APIs are live! Bastion now enables seamless conversions between stablecoins and fiat, in the US, and abroad. Virtual accounts, liquidation addresses, and more are all available on Bastion to power a broad range of use-cases: 1️⃣ Remittances 2️⃣ Payroll 3️⃣