Fireblocks and Circle Join Forces to Accelerate Stablecoin Adoption

Fireblocks and Circle have partnered to accelerate stablecoin adoption for financial institutions. The collaboration combines Circle's stablecoin network with Fireblocks' custody, tokenization, and payments infrastructure. This aims to make it easier and safer for financial institutions to build digital asset offerings. The integration provides seamless access to Circle's stablecoins and products, including Circle Gateway and Arc, an open Layer-1 blockchain for stablecoin finance.

Fireblocks and Circle have announced a strategic collaboration aimed at accelerating the adoption of stablecoins for financial institutions. The partnership combines Circle's established stablecoin network with Fireblocks' institutional-grade custody, tokenization, and payments infrastructure. This integration is designed to simplify and secure the process of building digital asset offerings for financial institutions.

The collaboration will provide seamless access to Circle's stablecoins and products, including Circle Gateway and Arc, an open Layer-1 blockchain for stablecoin finance. This integration will facilitate cross-border treasury operations and tokenized asset settlement, making it easier and safer for financial institutions to innovate with confidence.

Michael Shaulov, Co-founder and CEO of Fireblocks, commented, "Together, Circle and Fireblocks are working to build the trusted rails that enable stablecoin-based finance at a global scale. By combining Circle's stablecoin expertise with our institutional infrastructure, we're empowering financial institutions to innovate with confidence. Those who move now will set the standard for tomorrow's financial ecosystem."

Jeremy Allaire, Co-founder, Chairman, and CEO of Circle, added, "The future of money is programmable, and this collaboration with Fireblocks can make that future real for institutions worldwide. Together, we're creating a seamless infrastructure that makes it simple to harness the power of stablecoins for payments, treasury operations, and settlement."

This partnership is a significant moment for the rapidly growing stablecoin ecosystem, bringing together two leading infrastructure providers and their networks to advance payments on-chain. The collaboration will provide financial institutions with a robust and secure platform to explore and adopt stablecoins.

References:
The Fireblocks Network for Payments Is Here^[1] https://www.fireblocks.com/blog/the-fireblocks-network-for-payments-is-here/
Fireblocks and Circle Strategically Collaborate to Accelerate Stablecoin Adoption for Financial Institutions^[2] https://www.prnewswire.com/news-releases/fireblocks-and-circle-strategically-collaborate-to-accelerate-stablecoin-adoption-for-financial-institutions-302550848.html