Via crypto.news
Fireblocks Network for Payments processes over $100B monthly in stablecoin transactions
The crypto infrastructure firm is quietly building the SWIFT equivalent for stablecoins, connecting 300 payment companies across 100 countries
Fireblocks, the digital asset infrastructure company, is now processing over $100 billion per month in stablecoin transactions through its Network for Payments. The platform connects banks, fintechs, payment service providers, and stablecoin issuers through a single API, handling cross-border transfers with built-in compliance tooling.
What the network actually does
The Fireblocks Network for Payments launched in September 2025 with a straightforward thesis: stablecoins are ready for institutional-grade payments, but the plumbing connecting everyone is still a mess. Different liquidity providers, fragmented compliance requirements across jurisdictions, and no standardized way to move value between counterparties meant that even willing institutions faced a gauntlet of integration headaches.
More than 40 payment service providers, banks, and fintech companies are live on the platform, with the broader ecosystem encompassing over 300 payment companies using Fireblocks infrastructure. The network facilitates transactions across more than 100 countries and supports 60-plus fiat currencies.
Compliance as the competitive moat
The network includes anti-money laundering checks, know-your-transaction screening, sanctions compliance, and Travel Rule support baked directly into the transaction flow. By embedding these compliance tools at the network level rather than leaving each participant to figure it out independently, Fireblocks removes one of the biggest friction points for banks and regulated financial institutions looking to adopt stablecoin payments.
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The broader stablecoin moment
Fireblocks reports that its stablecoin payment volume has grown 300% year-over-year, with monthly figures now exceeding $200 billion across its broader infrastructure. The company supports over 150 blockchains and has secured trillions in cumulative digital asset transfers.
By providing unified access to liquidity providers and fiat on-ramps and off-ramps, the network lets payment companies plug into stablecoin infrastructure without assembling a dozen vendor relationships.