Fireblocks launches Network for Payments, a global infrastructure that enables institutions to process payments based on stablecoins across blockchains and traditional payment systems.
The network is seen as a rival to the fiat-based payment network SWIFT.
Fireblocks has officially launched the Fireblocks Network for Payments, a unified platform enabling financial institutions, fintechs, and payment providers to orchestrate global stablecoin transactions across more than 100 countries and over 60 currencies.
Traditionally, institutions rely on multiple bespoke APIs and partner integrations, creating fragmentation, compliance risk, and operational inefficiencies. Fireblocks addresses this by offering a single integration to access over 40 providers, including liquidity firms, on/off-ramps, banks, PSPs, and stablecoin issuers. Built-in compliance capabilities, powered by integrations with Notabene, Chainalysis, and Elliptic, ensure that AML/KYC and travel-rule checks are enforced transaction by transaction.
Michael Shaulov, CEO of Fireblocks, describes the network as a stablecoin-era version of SWIFT: “It gives institutions the ability to move value securely across every provider, blockchain, or fiat rail”. Already active participants on the network include Circle, Bridge, Yellow Card, OpenPayd, Zerohash, and many more, enabling processing of roughly $200 billion in stablecoin transactions per month.
Fireblocks embeds compliance into the heart of its stablecoin infrastructure. This eliminates manual onboarding and fragmented workflows by standardizing beneficiary data, sanctions screening, and wallet verification across multiple geographies, all through one API layer.
One of Fireblocks’ key value propositions is speed: institutions can spin up new corridors, liquidity partners, or stablecoin rails in days, not months, without compromising control, compliance, or scalability.
As stablecoins surge in adoption, especially for remittance, commerce, and treasury use cases, Fireblocks offers a streamlined and secure infrastructure to support growth. With regulatory clarity improving globally and stablecoins managing volume that rivals traditional payment networks, its platform provides critical connectivity for real-world digital asset usage.
Fireblocks positions itself as a foundational layer for the future of digital payments, enabling institutions to navigate complexity, scale globally with compliance, and bridge traditional finance with programmable money rails.