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Season 2, Episode 7

How to Build Global Payments with Stablecoins in 2025

Host:

Drew Rogers, Founder and CEO

Drew Rogers sits down with Kevin Lehtiniitty, CEO of Borderless, to explore how they're solving stablecoin's fundamental paradox: global technology meets stubbornly local regulation.

Kevin, who's been full-time in stablecoins since 2016 (launching TrueUSD as the first US-based fully reserved stablecoin), shares how Borderless built the "network of networks"that connects dozens of licensed liquidity providers across 60+ countries through a single API.

Key Topics Covered:
- Why stablecoins face a "liquidity maze"despite being inherently global
- How Borderless creates SWIFT-like connectivity for stablecoin orchestrators
- The crucial difference between Borderless and Circle's CPN model
- Why global dollar accounts will be the next massive fintech primitive
- How Polar (YC) uses Borderless to serve cruise ship workers globally
- The meritocracy that emerges when liquidity providers compete on performance

Download the full playbook: https://www.dynamic.xyz/2025-stablecoin-playbook