US EditionStablecoin News: Fireblocks Unveils Payments Network as SWIFT for Stablecoins
Fireblocks' network connects over 40 major firms, enabling rapid stablecoin settlements worth $200 billion monthly, addressing demand for faster, secure cross-border payments.
- Fireblocks unveiled the Fireblocks Network for Payments on Thursday, September 4, 2025, spanning more than 100 countries and 60 currencies, connecting over 40 firms including Circle and Stripe's Bridge.
- Rising institutional demand prompted the launch, as Fireblocks created the network to address faster, lower-cost, and more secure cross-border stablecoin settlements.
- Security and proven scale back the network, shown by Fireblocks' security infrastructure securing over $10 trillion in settled digital asset transfers and $212 billion stablecoin volume in July.
- With partners onboard, Fireblocks offers a unified path to stablecoin payments as Transak joins as a launch partner, providing integration and coverage across 64+ countries, while CEO Michael Shaulov said, `Fireblocks is the backbone of stablecoin payments`.
- Amid rivals building proprietary platforms, Fireblocks aims to be the 'stablecoin equivalent to SWIFT' as stablecoin market projections foresee a $1.2 trillion size by 2028, Coinbase Institutional forecasts.
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Fireblocks Unveils Payments Network for Stablecoin Transactions - Fintech Singapore
Fireblocks has announced the launch of the Fireblocks Network for Payments, aimed at supporting stablecoin transactions in more than 100 countries, including Singapore and Hong Kong. The new network extends Fireblocks’ infrastructure to stablecoin payments, providing institutions such as fintech firms and payment service providers with the ability to manage payouts, remittances, merchant settlements, cross-border treasury, and global payment flo…
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