Fireblocks Launches Stablecoin Payments Network to Revolutionize Global Transactions
Fireblocks [1], a leading blockchain technology provider, has introduced the Fireblocks Network for Payments, a groundbreaking platform designed to streamline stablecoin transactions for crypto and financial institutions worldwide. Announced on September 5, 2025, this network aims to bridge traditional finance and blockchain technology, enabling seamless global payment flows for cross-border treasury operations, payouts, remittances, and merchant settlements [2].
About Fireblocks
Fireblocks is a technology company specializing in blockchain infrastructure and digital asset management solutions. Founded in 2018, the company provides a secure platform for financial institutions, crypto exchanges, and other enterprises to manage, transfer, and store digital assets efficiently. Fireblocks is renowned for its Multi-Party Computation (MPC) technology, which enhances the security of digital asset transactions by eliminating single points of failure. Serving over 1,800 institutional clients [3], including banks, fintechs, and crypto-native firms, Fireblocks processes billions of dollars in transactions monthly. The company’s mission is to accelerate the adoption of blockchain technology by offering scalable, compliant, and user-friendly solutions for digital asset operations.
A Unified Solution for Stablecoin Transactions
The Fireblocks Network for Payments offers a comprehensive suite of services, connecting over 40 providers, including major players like Circle, Paxos, and Sygnum, with plans for further expansion. The platform integrates stablecoin on/off-ramps, over-the-counter (OTC) providers, banks, and other financial entities, all accessible through APIs. This allows institutions to synchronize local payment rails with blockchain technology, eliminating the trade-off between transaction speed, regulatory compliance, and control over payment processes.
Unlike existing solutions like the Circle Payments Network, which supports only USDC, Fireblocks’ network accommodates multiple stablecoins, offering greater flexibility for users. The platform currently supports transactions across more than 100 countries and 60 currencies, with over 300 payment companies actively processing over $200 billion in stablecoin payments monthly.
Built-In Compliance and Security
A key feature of the Fireblocks Network for Payments is its robust compliance framework. Every transaction undergoes rigorous Anti-Money Laundering (AML), Know Your Transaction (KYT), and sanctions checks, alongside beneficiary data and wallet verification. The network also addresses travel-rule requirements through Fireblocks’ proprietary tools and partnerships with compliance-focused organizations like Notabene, Elliptic, and Chainalysis. This ensures that institutions can expand into new markets while adhering to stringent security and regulatory standards.
Addressing Industry Needs
Fireblocks CEO Michael Shaulov [4] emphasized the platform’s significance in a recent interview with Fortune. He noted that while Fireblocks’ pre-existing network was designed for crypto trading, it lacked a streamlined process for stablecoin conversions and international fund transfers. The new network addresses this gap, offering a tailored solution for stablecoin-based payments that meets the demands of modern financial institutions.
“The Fireblocks Network for Payments is a game-changer for global transactions,” Shaulov said. “By integrating local payment rails with blockchain technology and ensuring compliance at every step, we’re enabling institutions to operate efficiently and securely in a rapidly evolving financial landscape.”
A Growing Ecosystem
With over 40 providers already onboard and more expected to join, the Fireblocks Network for Payments is poised to become a cornerstone of the global stablecoin economy. Its ability to connect stablecoin issuers, liquidity partners, FX providers, and remitters creates a robust ecosystem that supports high-volume, cross-border transactions with ease.
As stablecoins continue to gain traction as a reliable medium for global payments, Fireblocks’ innovative network positions the company as a leader in bridging the gap between traditional finance and blockchain technology.