Keyrails

Keyrails is a Calgary-based financial infrastructure company founded in 2023 that has built the Stable OS — a stablecoin-powered trade operating system purpose-built for emerging markets. The company enables enterprises and fintechs to operate like global clearing institutions from a single stablecoin wallet, providing the payments, treasury, and financing infrastructure that emerging markets have historically lacked access to.

Core Products/Services

Keyrails' flagship offering is the Stable OS, an API-first platform that combines three critical financial capabilities:

• Payments: Multi-bank FBO accounts across 4 US banks, named POBO rails via SWIFT, Fedwire, and CHATS covering G10 currencies plus CNY, enabling high-value cross-border payments averaging $250K per transaction with overnight settlement and 100% trackability across 173 countries.
• Treasury: 24/7 tokenized money market funds (TMMF) enabling importers to earn 5.5–5.8% APY on surplus USDC with no minimums, no broker/dealer overhead, same-day withdrawals, and zero counterparty risk via atomic swaps.
• Crypto Wallet: A developer API for creating and managing stablecoin wallets (USDC/USDT), enabling deposits, withdrawals, and balance management on Ethereum and other supported networks.

The platform also offers POBO SWIFT Payment infrastructure — a Payment on Behalf Of capability that routes international wire transfers under the original sender's name, removing the typical financial intermediary overhead that constrains emerging market trade.

Key Strengths

Keyrails has assembled a formidable regulatory and infrastructure stack that underpins its trust credentials:

• SWIFT membership with BIC code KEYRCA62
• FINTRAC MSB registration (MSB #M23573916) covering foreign exchange, money transfer, virtual currency dealing, and payment services
• FinCEN MSB registration (MSB #31000319550919) in the United States
• Polish VASP license regulated by the Polish Financial Supervision Authority (license #5214074369)
• Certified Member of the Circle Alliance Program
• Selected for Mastercard Start Path Blockchain and Digital Assets program, aligning infrastructure with Mastercard's global network and regulatory reach

The platform resolves five core friction points in emerging market trade: slow clearing, reconciliation gaps between SWIFT messages and invoice data, settlement friction from supplier verification bottlenecks, trapped FX from slow clearance cycles, and compliance friction from high false-positive screening rates.

Notable Clients/Projects

Keyrails targets importers, enterprises, and fintechs operating in markets across Africa, LATAM, and Asia — geographies where USD-denominated trade finance has historically been gatekept by a small number of correspondent banks. The Mastercard Start Path partnership validates the company's infrastructure approach at an institutional level.

Why Choose Keyrails

Keyrails is not merely a payments orchestration layer — it holds the licenses and banking relationships to deliver proprietary clearing, routing, and settlement. This distinction means clients gain access to actual financial infrastructure, not just a wrapper around third-party rails. The combination of stablecoin-native operations (USDC base currency), institutional-grade tokenized treasury products, and full SWIFT/Fedwire/CHATS connectivity in a single API makes Keyrails one of the few platforms capable of serving high-value emerging market trade at scale.