Fireblocks Builds the SWIFT of Stablecoins to Revolutionize Global Payments

Fireblocks has officially launched the Fireblocks Network for Payments, a new infrastructure aimed at simplifying and accelerating cross-border stablecoin transactions for financial institutions. The platform is designed to address the complexities associated with integrating and managing stablecoin flows, offering a scalable and secure solution that connects more than 40 providers across 100+ countries. This initiative marks a significant step toward mainstream adoption of stablecoins as a viable alternative to traditional cross-border payment systems.

The Fireblocks Network for Payments is intended to streamline the integration of stablecoin infrastructure by providing a single point of access to a diverse set of partners, including on/off-ramps, liquidity providers, banks, and stablecoin issuers. The network aims to reduce the operational and compliance burden for institutions by embedding AML/KYC, sanctions checks, and wallet verification processes directly into the payment layer. Additionally, it leverages integrations with compliance platforms like Notabene, Elliptic, and Chainalysis to manage travel rule obligations. This embedded compliance is crucial as regulations continue to evolve across different jurisdictions, and financial institutions seek to maintain compliance while expanding into new markets [1].

By enabling a single integration that connects to a network of partners, the Fireblocks Network for Payments reduces the need for point-to-point API development, which is both costly and time-consuming. This streamlined approach allows companies to activate new payment corridors and liquidity sources within days rather than weeks or months. The network supports over 60 currencies and is already processing $200 billion in monthly stablecoin payments, according to Fireblocks. This capability gives participating firms a competitive edge, particularly in times of regulatory change or market volatility [1].

The platform’s launch comes at a time when stablecoins are gaining traction as a preferred method for cross-border transactions. With faster settlement times and lower fees than traditional systems, stablecoins are increasingly seen as a strategic tool for expanding into new markets and improving operational flexibility. Fireblocks has positioned itself at the forefront of this trend, building on its existing infrastructure that supports trading and custody solutions for digital assets. The company’s CEO, Michael Shaulov, emphasized that the new network aims to make it easier for companies to build stablecoin products without the need for complex and error-prone manual processes [2].

The Fireblocks Network for Payments also aims to serve as a connective layer for the digital asset economy, similar to the role played by SWIFT in traditional banking. By unifying local payment rails, blockchains, and stablecoin systems, the network enables financial institutions to maintain control over their payment flows while accessing a broader range of liquidity and compliance frameworks. This infrastructure supports a variety of use cases, including remittances, merchant settlements, treasury management, and cross-border payouts. Fireblocks has already onboarded key players such as Bridge, Zerohash, Yellow Card, and Circle, with plans to expand the network further [1].

For institutions, the Fireblocks Network for Payments represents a strategic opportunity to future-proof their stablecoin infrastructure. As the market evolves and new opportunities arise, the ability to quickly adapt and scale stablecoin operations will be critical. Fireblocks’ platform provides the tools and agility needed to respond to regulatory changes and market dynamics efficiently, helping institutions maintain their competitive edge in the digital payments landscape [1].

Source: [1] The Fireblocks Network for Payments Is Here (https://www.fireblocks.com/blog/the-fireblocks-network-for-payments-is-here/) [2] Crypto firm Fireblocks launches a stablecoin payments ... (https://fortune.com/crypto/2025/09/04/fireblocks-network-for-payments-stablecoins-michael-shaulov/) [3] What is a stablecoin? (https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-a-stablecoin)