Fireblocks launches Network for stablecoin payments

On Sept. 4, 2025 Fireblocks introduced the Fireblocks Network for Payments, a new product layer intended for multi‑stablecoin payouts, remittances, merchant settlement and cross‑border treasury flows. Fireblocks listed more than 40 providers and claimed reach across 100+ countries and 60+ currencies.

Company materials describe the network as built on Fireblocks’ existing custody and transfer infrastructure and designed to connect issuers, on‑ and off‑ramps, banks and liquidity providers through unified APIs. Fireblocks cited about $300 billion in monthly payment flows across its broader network and reported a record $212 billion in stablecoin volume processed on its infrastructure in July 2025.

The launch directory names initial partners that include Bridge, Circle, Zerohash, Yellow Card, Banxa and OpenPayd. Fireblocks identified planned integrations with the Circle Payments Network and WalletConnect to simplify access to liquidity and settlement paths. The company also stated thousands of organizations use its custody and wallet tools and said its platform has secured more than ten trillion in digital‑asset transactions across 120+ blockchains.

Company materials quoted CEO Michael Shaulov, a co‑founder, as saying, “Fireblocks is the backbone of stablecoin payments.” Shaulov co‑founded Fireblocks with Pavel Berengoltz, now CTO, and Idan Ofrat, now CPO. Fireblocks noted the firm was founded in 2018. Shaulov’s background listed in company materials includes co‑founding Lacoon Mobile Security, product leadership at Check Point, service in Israel’s Unit 8200 and a BSc in Computer Sciences and Physics from Ben‑Gurion University.

Fireblocks described the Network for Payments as multi‑stablecoin infrastructure rather than an issuer service. The company stated that named issuers such as USDC or USDT remain separate entities on the rails, and that appearing on the network does not replace local licensing, banking arrangements or compliance and settlement agreements required for fiat legs and regulated corridors.

The product follows Fireblocks’ expansion from custody and trading infrastructure toward payments connectivity. Fireblocks presented the network as a single integration for customers to access multiple issuers, rails and liquidity partners. The company said future adoption will depend on technical integrations, partner onboarding and the local regulatory and banking arrangements needed for cross‑border payouts and remittance settlement.