Keyrails

Keyrails’s founder Berhan, the first investment from our latest fund, explores how programmable liquidity is reshaping global finance, turning idle capital into code that moves, earns, and settles across borders. 💡 Today, over $4T in nostro accounts earns nothing while waiting for instructions. Stablecoins move that liquidity into programmable yield-bearing assets. 🌍 90% of world trade runs on USD, yet access depends on just five New York banks. Stablecoins shift this access from geography to code. ⚙️ A Turkish exporter or Nigerian importer can now hold USDC, settle instantly via SWIFT or SEPA, and deploy capital globally, with no prime brokerage required. 🔗 Over $1.8T moves through CHIPS daily, yet only five banks process most USD flows. Stablecoins break that bottleneck. 🔗Wanna learn more? Check out the full piece: https://lnkd.in/d5zNeTkz

"...Every payment problem is a treasury problem in disguise. Whether it is pre-funding nostro accounts or waiting for central bank approvals, the underlying issue is always the same: liquidity sitting idle, mostly in the wrong place, because siloed and gated systems cannot talk to each other." My latest article "Why Stablecoins Matter" is fresh out of the oven. Thank you Stabledash team Drew Rogers Zach Fowler, as well as Esra Hibbert from Keyrails for helping me get this out there. Read it here (Warning: It's a long one): https://lnkd.in/ekrda7HH

🚀 Excited to share that Keyrails has joined the Mastercard Start Path Blockchain and Digital Assets program. 🏢 For global #enterprises, managing #treasury across emerging markets often means dealing with trapped #liquidity, delayed supplier #payments, and complex #compliance across multiple banks and intermediaries. The cost isn’t just financial, but it is operational risk, strained supplier relationships, and missed opportunities. 🌍 Stable OS changes this. It unifies the #CFO stack into a single system where enterprises can: ✅ Clear USD and send named SWIFT in hours, not weeks ✅ Repatriate earnings from emerging markets with confidence ✅ Allocate idle treasury into #institutional-grade reward programs during prime market hours Joining #Mastercard Start Path gives us the opportunity to align this infrastructure with Mastercard’s global network and regulatory reach. For #enterprises, that means resilient corridors, faster settlement, and the assurance of scaling with a trusted global partner. Our vision is simple: Unbundle financial privilege and give every CFO, regardless of geography, access to Tier-1 treasury tools. Together with Mastercard, we are accelerating that future.

When we started Keyrails, the mission was simple: unlock the same financial tools that Fortune 500s take for granted and make them work in Lagos, Nairobi, São Paulo, or Dhaka. 🚀 Today, we are excited to share that Keyrails has been selected to join Start Path, Mastercard’s award-winning startup engagement program. ❓Why does this matter? Because for our clients, payments are not an efficiency issue, they are an #existential one. An #importer in #Nigeria waiting 10 days or more to pay a supplier in #China is not only losing money every single day but also increasing the cost of capital of their supplier. A #telco sitting on trapped local currency in #Ghana or #Kenya sees its margins eroded by lack of USD access. CFOs running multi-entity groups across Asia or Africa struggle with fragmented banking relationships, multiple intermediaries, and constant delays. These are not edge cases. These are real businesses moving million-dollar payments, who cannot afford to pre-funded accounts across a dozen jurisdictions just to keep trade alive. Stable OS, our next generation CFO stack, solves this by merging stablecoin and fiat rails into one programmable platform. Merchants and fintechs can:  ✅ Clear USD and send named SWIFT in hours, not weeks  ✅ Repatriate earnings from emerging markets with confidence same day  ✅ Allocate idle treasury into institutional-grade reward programs during prime market hours Joining Mastercard Start Path gives us the opportunity to align these capabilities with Mastercard’s global network and reach. For our clients, that means: 🚅 the potential for faster corridors, 💪 stronger resilience, and 🏢 a seat at the table where the future of cross-border finance is being built. This collaboration is about building #durable #infrastructure together. Infrastructure that can stand up to the volumes, regulations, and everyday realities of cross-border trade. At Keyrails we are already moving hundreds of millions of dollars across #Africa, #LATAM, and #Asia. Joining #Start #Path empowers us to scale that foundation, opening new corridors and embedding our stablecoin-to-SWIFT orchestration into one of the world’s most trusted payment networks. Stable OS unbundles privilege by putting Tier-1 banking functions into a single CFO stack for emerging markets. Together with Mastercard, we are scaling this infrastructure where it is needed most. If you are interested to learn more about #Stable #OS, DMs are open. Onwards and Upwards 🚀

We're proud to officially launch Stable OS Treasury with institutional-grade earn products, now available to clients globally through our self-custodial infrastructure. In partnership with Centrifuge, Keyrails users can access tokenized U.S. Treasuries and AAA-rated CLOs from Janus Henderson Investors, earning up to 5.7% APY without a bank account, license, or intermediaries. This is what Unbundling Privilege looks like!

🌍✈️🏨 Global Collections Without Banking Headaches 💵🔓 If you’re an airline or hotel group operating across multiple countries, you know the drill: You collect booking revenue in local currencies from markets all over the world. 💸 Your finance team fights to get those funds out — often waiting weeks or paying hidden FX spreads just to access your own money. 🏦 Opening SWIFT-enabled USD accounts in every market? Forget it. Months of compliance and still a “no” from the bank. We’re fixing that. 🚀 Introducing COBO SWIFT: Collection On Behalf Of SWIFT With Keyrails' Stable OS, as an official SWIFT Receiving Bank (BIC: KEYRCA62), we can receive a SWIFT MT103 in your company’s name and settle it directly into your self-custodial USDC / USDT wallet — no intermediary bank account, no USD clearing hurdles. How it works: 1️⃣ Your overseas agent, OTA, or corporate client sends a #SWIFT payment to you, just as they would to any bank. 2️⃣ Keyrails routes it through our correspondent network into our tokenization engine. 3️⃣ USD instantly becomes USDC/T in your wallet, skipping the USD bank account, ready for same-day vendor payments, treasury allocation, or yield. Why this matters for airlines & hotels: ⚡ Speed — Get global collections same day, even from high-friction markets. 💱 Better FX — Avoid the “airport kiosk” spreads legacy banks give you. 🛡️ Control — Funds in self-custody, ready for global payouts without touching local banking bottlenecks. This is not “crypto payments.” This is a compliance-first upgrade to your global #treasury — built for high-volume travel operators who can’t afford to have millions stuck in the wrong country. We’re already enabling large #telcos and #travel players to: ✅ Collect SWIFT payments without local accounts. ✅ Pay global suppliers in hours, not weeks. ✅ Earn yield on idle cash, all in the same interface. 📬 If your #airline or #hotel group is tired of watching working capital vanish into #FX delays and correspondent banking purgatory, let’s talk.

🚀 The Future of #SWIFT Collections Is Here 🌍💱 In the coming weeks, we’re releasing a revolutionary new product that will completely change how companies collect funds via SWIFT. Since launching #Keyrails, the #1 request we’ve heard from #merchants and #fintechs — especially across #emergingmarkets — has been: “We need SWIFT-enabled named USD virtual accounts to collect high-value payments from international customers.” 🛑 The problem? Finding a bank willing to enable this — without months of compliance hurdles — has been nearly impossible, especially for businesses in emerging markets. ✅ We’ve solved it. But we’re not just offering another “SWIFT-enabled USD account.” We’re making that entire concept obsolete. 💡 Introducing #COBO via SWIFT Rails — Collection On Behalf Of via SWIFT Instead of funds landing in a traditional USD bank account, a SWIFT MT103 is sent to a beneficiary's name and directly settles into their self-custodial #USDC / #USDT wallet at Keyrails. No intermediary bank account. No begging for USD clearing. How it works: 1️⃣ #Keyrails is now an official SWIFT Receiving Bank with our own #BIC: KEYRCA62 2️⃣ Through our forward-thinking correspondent partners, incoming SWIFT messages are routed into our Tokenization Engine 3️⃣ USD is automatically converted into USDC/T and credited to the beneficiary’s wallet — skipping the ultimate beneficiary bank account entirely Why this matters: 💨 Collect via SWIFT from anywhere in the world — no named USD bank account needed 💵 Skip delays, rejections, and hidden fees from legacy banks 🔒 Self-custody, programmable funds, and immediate use for payments or yield This is a complete rewiring of international collections — and one of the most powerful real-world use cases for #stablecoin infrastructure. 📩 If your business wants to be part of the future of #crossborderfinance and #crossborderpayments, my DMs are open. 🌟 Up and to the right! 🚀

✈️ When airlines earn in local currency but spend in USD… #Africa & the Middle East now hold 85% of the world’s blocked airline funds, around US$1.1 billion, according to #IATA's April 2025 report. Governments in just 10 countries account for over US$1.03 billion of that trapped liquidity. Raises the question: what happens when #airlines can’t access the cash they’ve already earned?  Africa’s #aviation sector is growing rapidly: demand is up 9%, and passenger load factors are near 75%. Yet financial rails haven’t caught up.  Introducing Keyrails | Stable OS, built as the #CFO stack for frontier economies where treasury teams earn in local #currency and spend globally without friction. Here’s how we unbundle banking privilege for carriers: 💸 No more #trapped funds: Tokenized currency rails so your local currencies, such as NGN, EGP, KES, GHS, and ZAR, flow convert to USD within 24 h and appear in your named USD account. 📉 No #FX guesswork: Lock the rate at conversion with no volatility bleed on invoices. 🌐 Clean payouts: Pay #suppliers and lessors via POBO SWIFT—MT103 shows your name even if banks don’t. 🚀 Capital working for you: Idle USD enters a regulated #yield vault (4–5.3 % APY). 🛡️ Built to audit: Institutional-grade security, compliantly. We’re already powering flows for aviation and enterprise players moving >$600k average tickets daily. This isn’t just a rails play. It’s a chance to turn blocked capital into a runway for growth across Africa’s airlines. Ready to talk #treasury strategy above the banking gate? Drop me a DM.

🛡️ Most #compliance tooling wasn’t built for onboarding medium- or high-risk clients across emerging markets. So we built our own. 🛠️ Over the past 2.5 years, we’ve developed #Fortify360 — a quantitative risk model designed for the real-world complexity of cross-border finance. Today, that model gets a major upgrade. 🚀 Introducing Fortify360 AI 2.0 Built with our partners at AiPrise and expanded in-house, it now assesses #onboarding #risk in real time. 🧠 Proprietary Risk Model built on Analytical Hierarchy Process (AHP) 🕵️ Detects document tampering & metadata inconsistencies 💵 Analyzes source-of-funds 🚫Screens sanctions & reduces false positives ⏱️Calculates both inherent and residual risk — in minutes, not days 🔬 Evaluates 4× more parameters than v1. Fully explainable. Fully programmable. This is not checkbox compliance. This is what it takes to operate in environments where TBML risk is baked into the flow. 🧩Next: we’re integrating Fortify360 AI with our internal ops layer to connect onboarding, monitoring, and PayOps under one programmable stack. 🔍 Every transaction auto-validated against the client’s risk profile. Smart flags raised. Ops never slow down. 🤖This is what AI-native compliance looks like. Read more: https://lnkd.in/gT-inGfa

💬“Cross-border is just the beginning.” Our co-founder and CEO, Berhan Kongel, shares his view in the Money Movement 2.0 report by 51 | fiftyone.xyz — which underpins why we built Stable OS at Keyrails. 🔗 Our blog about the topic: https://lnkd.in/gQag3Jz5 🔗 Full report: https://lnkd.in/gAc4MUEc