Fireblocks Launches Network for Global Stablecoin Payments
Bridge,
"Fireblocks is the backbone of stablecoin payments," said
Financial institutions looking to activate and scale stablecoin payments face significant implementation barriers. The current fragmented landscape forces costly provider discovery across geographies, with each requiring expensive, bespoke, lengthy, and resource constraining API integrations. The absence of standardized data, compliance frameworks and operational workflows across multiple providers creates regulatory risk and operational chaos, while existing solutions constrain liquidity and use cases.
By collaborating with the entire stablecoin ecosystem, Fireblocks brings together a neutral, powerful network. Financial institutions no longer have to choose between speed, compliance, and control when building stablecoin payment products. More than 40 providers, including Alfred, Banxa, Bridge, Braza Bank, B2C2, Circle, Conduit, dLocal, GSR, NexChange, Nonco, OpenPayd, Pave Bank, QCP, Reap, SCRYPT Digital, Singapore Gulf Bank, Sygnum, Transak, Transfero, Velocity, Yellow Card, Zerocap, Zerohash, and Zodia Markets are available on the Fireblocks Network, with more to come. Future integrations with Circle Payments Network (CPN) and WalletConnect simplify how institutions access liquidity and settle transactions globally with over 2,400 participants, including wallets, banks, issuers, and exchanges.
"Our integration with Fireblocks helps enterprises seamlessly transact between stablecoin and fiat - all directly from the Fireblocks platform, where businesses already run their financial operations," said
Stablecoins now account for more annual volume than Visa and Mastercard combined as adoption outpaces the infrastructure to support it. Today, most institutions manage a patchwork of providers, compliance workflows, and settlement rails. The Fireblocks Network consolidates this into one open, interoperable infrastructure layer that combines the flexibility of public blockchains with the safeguards and control expected by financial institutions, including built-in tools for sanctions screening, wallet verification, and Travel Rule compliance.
"We've built the most efficient and effective way for payments companies to build their evolving blockchain-based offerings," said
Fireblocks provides an operational network that connects major stablecoins and fiat currencies at scale, allowing financial institutions to move value seamlessly between banks, payment providers, and blockchain ecosystems.
"With Fireblocks, we've transformed a process that used to be slow and manual into a fast, secure, and compliant engine for growth", said
As stablecoin use cases grow more complex, the Network will continue evolving to match the needs of global finance. To date, the Fireblocks Network has been used to securely settle over
For more information about the Fireblocks Network for Payments, please visit https://www.fireblocks.com/platforms/fireblocks-network/
About Fireblocks
Fireblocks is the world's most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry's most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, and trading operations across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations - including Worldpay, BNY Mellon, Galaxy, and Revolut - trust Fireblocks to secure more than
View original content:https://www.prnewswire.com/news-releases/fireblocks-launches-network-for-global-stablecoin-payments-302546374.html
SOURCE Fireblocks
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