Blockchain firm Fireblocks launches a stablecoin payments network

Fireblocks has connected over 40 major firms, including Circle, Stripe’s Bridge, and Yellow Card, in a unified stablecoin network.

Summary

• Blockchain firm Fireblocks has launched its stablecoin payments network
• The network will connect Circle, Stripe’s Bridge, and 40 other stablecoin partners
• Fireblocks will cover 100 countries and 60 currencies

Stablecoins are getting a key infrastructure update. On Thursday, September 4, blockchain firm Fireblocks launched ( https://x.com/FireblocksHQ/status/1963594174701170754 ) the Fireblocks Network for Payments, spanning more than 100 countries and 60 currencies.

So far, Fireblocks has partnered with over 40 companies, including stablecoin company Bridge, whose current owner is payments giant Stripe. Other key partners include Zerohash and Yellow Card, as well as Circle, the biggest stablecoin issuer in the U.S.

According to Michael Shaulov, co-founder and CEO of Fireblocks, the key issue the network solves is accessibility. Instead of banks and companies each building their own systems to move stablecoins, Fireblocks provides the infrastructure. He said its APIs provide a built-in technical and compliance layer that companies need.

“Fireblocks is the backbone of stablecoin payments. By introducing unified APIs and workflows, and APIs purpose-built for stablecoin use cases, the Fireblocks Network for Payments gives institutions the ability to move value securely across every provider, blockchain, or fiat rail,” Michael Shaulov, Fireblocks

Chris Maurice, CEO of Yellow Card, said that they adopted Fireblocks for that very reason. Processes that were “slow and manual” turned “fast, secure, and compliant,” he stated.

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Companies increasingly tap into stablecoins

Stablecoin adoption is rising rapidly. According to a 2025 report ( https://crypto.news/90-of-financial-institutions-now-use-stablecoins-report/ ) by Fireblocks, 90% of financial institutions are already integrating stablecoins in some way. Companies surveyed most often say that transaction speeds are the main benefit of stablecoins, followed by lower cost.

This was echoed in a statement ( https://x.com/FireblocksHQ/status/1963594184113205554 ) by Zach Abrams, CEO and co-founder of Bridge, on why they integrated Fireblocks. “Faster settlements, broader global access, and reduced operational complexity,” he explained.

Read more: Japan’s Minna Bank teams up with Fireblocks and Solana Japan to explore stablecoins ( https://crypto.news/japans-minna-bank-teams-up-with-fireblocks-and-solana-japan-to-explore-stablecoins/ )