Fireblocks Debuts USDC-Powered MOVE Network as Stablecoin Volume Hits $200B Monthly

USDC News - Fireblocks, a premier cryptocurrency custody firm, has launched its proprietary stablecoin payments network called MOVE, targeting infrastructure fragmentation inefficiencies. The platform connects issuers, banks, fintech companies, and liquidity providers, already processing over $200 billion in monthly transactions. Designed as a "stablecoin SWIFT," MOVE consolidates disparate systems into a unified layer for digital dollar settlements. The network has onboarded 40+ participants, including Circle (USDC issuer) and Stripe-acquired Bridge. This rollout coincides with the stablecoin sector's explosive growth, which recorded $800 billion in monthly settlement volume in June, according to Grayscale data. Fireblocks positions MOVE as a critical solution for institutional-scale adoption, addressing the industry's fragmented infrastructure.