Particle.news

Download on the App Store

Fireblocks Launches Multi-Stablecoin Payments Network With 40+ Partners

The company pitches unified APIs with built-in compliance to route multiple stablecoins across providers.

Overview

  • The Fireblocks Network for Payments connects issuers, liquidity providers, banks, and on- and off-ramps to streamline cross-border settlement.
  • Participants include Circle, Stripe’s Bridge, Yellow Card, and Zerohash, with Fireblocks claiming reach across more than 100 countries and support for 60 currencies.
  • Fireblocks says the platform reduces engineering effort by offering unified APIs plus access to partners’ banking relationships and regulatory licenses.
  • CEO Michael Shaulov frames the network as an interoperability layer similar to Circle’s system but not limited to USDC.
  • Fireblocks reported $212 billion in stablecoin volume in July, according to company data, as institutions increase stablecoin use following new U.S. rules.