Overview
- The Fireblocks Network for Payments debuts across more than 100 countries with support for over 60 currencies, positioning itself as a stablecoin analogue to SWIFT.
- Launch participants include Circle, Stripe’s Bridge, Zerohash, and Yellow Card, with more than 40 institutions named so far.
- Transak joined as a launch partner to add fiat-to-stablecoin conversion and localized payment methods accessible via Fireblocks’ console and APIs.
- Fireblocks says it processed a record $212 billion in stablecoin volume in July 2025, highlighting rising institutional use cases.
- Reports differ on total reach, with some coverage citing a network connecting 2,400 participants while others reference 40+ initial partners.