Former Swift CEO Lazaro Campos joined stablecoin yield infrastructure provider OpenTrade as chair of the board, OpenTrade CEO and Co-Founder David Sutter said in a Thursday (Oct. 29) post on LinkedIn.

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During his 25 years at Swift, Campos led a full strategic and financial transformation of its network and helped its network volumes almost double, according to the post.

Campos has also been a member of the Bank of England’s RTGS/CHAPS board and Starling Bank’s board, and he chairs Payoneer Europe, per the post.

“Stablecoins are becoming one of the rails global finance runs on, and the businesses building on them expect the same resilience and trust they get from the traditional system,” Sutter said in the post. “Lazaro has spent his career setting that standard.”

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Campos joined OpenTrade as the company moves from early growth to scale, according to the post.

OpenTrade has processed more than $1 billion in transaction volume over the past 12 months and now has $300 million in total value locked, per the post.

“Having Lazaro as chair for this next phase says a lot about what this team has built,” Sutter said in the post.

OpenTrade announced in May that it raised $17 million in new funding , bringing its total funding to more than $30 million and giving the company “the runway to scale at the pace the market is demanding,” PYMNTS reported.

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