OpenFX Partners With BankSocial, A Payment Service Provider for Credit Unions to Provide FX Liquidity

Today, we're announcing that OpenFX is powering the stablecoin FX liquidity layer within BankSocial's Remint payments orchestration platform.

About the Partnership

BankSocial built Remint to give financial institutions, particularly credit unions and community banks, modern payment capabilities through a single orchestration layer. Remint routes transactions across FedNow, RTP, traditional rails, and stablecoin settlement (including institution-controlled stablecoins like rUSD), selecting the most efficient path for each payment. BankSocial white-labels this technology for institutions, enabling these institutions to integrate these methods with their core systems via API in as little as 60 days. 

OpenFX provides the underlying FX liquidity and stablecoin market-making that powers Remint's cross-border and stablecoin-based flows. When Remint routes a payment through either traditional or stablecoin rails, OpenFX ensures there's deep, reliable liquidity available 24 hours a day, 7 days a week, including when traditional banking systems are offline.

The result: BankSocial's network of credit unions and community institutions can access stablecoin-based cross-border settlement without building trading desks, managing liquidity positions, or standing up digital asset infrastructure. They keep full compliance, transparency, and brand control.

Always-On Liquidity

Real-time networks like FedNow and RTP offer near-realtime domestic settlements, but cross-border payments still hit friction: banking holidays, correspondent delays, weekend blackouts.

Stablecoin rails can remove those constraints, but only if there's liquidity available when the payment needs to move. OpenFX provides that liquidity around the clock, enabling Remint to offer true 24/7 cross-border settlement to institutions that previously had no practical way to access it.

How We Work With Payment Service Providers

Payment service providers build the rails, the routing logic, and the end-user experiences. But when a payment crosses a border, someone needs to be on the other side of that trade with deep, reliable liquidity in both fiat and stablecoins.

That's what OpenFX does. We operate as a first-party FX trading and settlement provider that sits beneath payment platforms, giving them the liquidity infrastructure they need without requiring them to build or manage it themselves. Our partners stay focused on their core product. We handle the FX.

This partnership with BankSocial is one example of that model in production.

If You're a Payment Service Provider

OpenFX partners with PSPs, neobanks, and payment platforms that need institutional-grade FX and stablecoin liquidity without the overhead of building it in-house. If you're routing cross-border payments and need a liquidity partner, reach out to us at hello@openfx.com.