Overview
- Bitpace announced on Sept. 22 that it has directly plugged Fireblocks infrastructure into its payment platform so corporate clients can route and settle stablecoin transfers using Fireblocks’ custody and policy tools.
- Fireblocks supplies multi‑party computation (MPC) custody and a policy engine that enforces whitelisted addresses, velocity limits, and multi‑approval workflows to reduce single‑point‑of‑failure and add institutional controls.
- The integration aims to let merchants and treasuries use USDC for international payments that settle in minutes instead of days and avoid slow, costly correspondent‑bank rails.
- Neither company disclosed which blockchains will be enabled, implementation costs, or the share of Bitpace volume the link will carry, though Fireblocks says its network processes hundreds of billions in monthly stablecoin flows and reported stablecoins were 69% of Q2 volume.
- Bitpace’s EU footing as a VASP in Bulgaria and Estonia positions the combined offering for regulated corporate use in Europe, and the deal could speed treasury adoption of on‑chain settlement while prompting banks and payment firms to expand stablecoin rails.