The Fireblocks Network for Payments enables payments across countries with support from institutions like the Singapore Gulf Bank.
Fireblocks has announced the launch of the Fireblocks Network for Payments, designed to power stablecoin payments across more than 100 countries, including Singapore and Hong Kong.
The new infrastructure brings unified liquidity, compliance, and settlement to stablecoin payments, enabling fintechs, PSPs, and institutions to build products for payouts, remittances, merchant settlement, and cross-border treasury flows. By uniting local payment rails, stablecoin issuers, on/off-ramps, and liquidity providers, the Fireblocks Network consolidates fragmented systems into a single, open framework.
“Fireblocks is the backbone of stablecoin payments,” said Michael Shaulov, CEO and Co-founder of Fireblocks. “With unified APIs and workflows, the Fireblocks Network gives institutions the ability to move value securely across every provider, blockchain, or fiat rail.”
More than 40 partners have already joined, including Circle, B2C2, Banxa, Reap, QCP, Singapore Gulf Bank, and Sygnum, with future integrations planned with Circle Payments Network and WalletConnect. Together, these will connect over 2,400 participants worldwide, from banks and wallets to issuers and exchanges.
Stablecoins now account for more annual volume than Visa and Mastercard combined, but many institutions still face costly integrations and regulatory risks when building payment products. The Fireblocks Network addresses these challenges with built-in sanctions screening, wallet verification, and Travel Rule compliance.
“For global capital markets to operate at the speed of digital assets, on-chain settlement and fiat rails must speak the same language,” said Darius Sit, Founder of QCP. “The Fireblocks Network translates between them, unlocking the next wave of institutional adoption.”
To date, the Fireblocks Network has already facilitated over US$10 trillion in digital asset transfers.
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