Fireblocks, last valued at $8B, has launched a stablecoin payments network with 40+ members including Circle, Zerohash, Yellow Card and Stripe-owned Bridge. The platform aims to streamline transfers and help firms build compliant stablecoin products.

Fireblocks, a digital asset infrastructure provider last valued at about $8 billion in 2022, has launched the Fireblocks Network for Payments, a stablecoin-focused payments network designed for institutions such as fintechs, payment service providers, banks and crypto firms. Announced in early September 2025, the network lets participants move stablecoins and fiat across local payment rails, multiple blockchains, and on/off-ramps in more than 100 countries and over 60 currencies, using unified APIs and workflows rather than building bespoke integrations with each counterparty. More than 40 providers were live at launch, including stablecoin issuer Circle, infrastructure firms like Zerohash, and regional players such as Yellow Card, alongside Bridge, a stablecoin startup recently acquired by Stripe. The product is positioned as a neutral, compliant connectivity layer that sits between traditional banking systems and the on-chain stablecoin ecosystem, allowing customers to orchestrate cross-border treasury, remittances, merchant settlement, payouts and other payment flows over both fiat and blockchain rails. Fireblocks’ CEO Michael Shaulov argues that, instead of each firm stitching together its own stablecoin network—a process that can be costly, slow, and error‑prone—the service gives them access to a curated directory of licensed partners, liquidity providers, and issuers, plus shared compliance tooling. The launch expands Fireblocks’ role beyond custody and settlement into acting as a backbone for institutional stablecoin payments, in parallel to but distinct from single-issuer offerings such as Circle’s own payments network, and reflects the broader trend of stablecoins moving into large‑scale production payments, where Fireblocks says its network is already handling hundreds of billions of dollars in monthly stablecoin flows.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Fireblocks Launches Network for Global Stablecoin Payments (prnewswire.com)
• The Fireblocks Network for Payments Is Here (fireblocks.com)
• The Fireblocks Network for Payments (fireblocks.com)
• Fireblocks & Circle Collaborate to Accelerate Stablecoin Adoption (circle.com)
• Fireblocks | Digital Asset & Stablecoin Infrastructure (fireblocks.com)

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