Fireblocks Launches Payment Network for Cross-Border Stablecoin Flows

Fireblocks has unveiled a new payment network designed to streamline cross-border stablecoin transactions. The network integrates multiple payment rails, blockchain systems, and compliance frameworks through standardized interfaces, addressing the growing infrastructure gap in the stablecoin market.

Financial institutions can now access over 40 providers, including Circle, Bridge, and Yellow Card, via unified APIs. This consolidation eliminates the need for separate integrations while ensuring regulatory compliance across jurisdictions. Stablecoin transaction volumes have surged, now rivaling the combined processing capacity of Visa and Mastercard, yet institutional adoption remains hampered by fragmented provider landscapes and varying compliance requirements.

The Fireblocks network standardizes processes with uniform data formats, automated compliance screening, and consolidated settlement mechanisms across 60 fiat currencies. Built-in tools for sanctions screening, wallet verification, and Travel Rule compliance further simplify operations for global institutions.