Fireblocks and Circle Strategically Collaborate to Accelerate Stablecoin Adoption for Financial Institutions

 Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, announced a strategic collaboration with an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), a global financial technology company and stablecoin market leader. The collaboration is designed to make it easier and safer for financial institutions to build digital asset offerings.

Circle’s stablecoin network will complement Fireblocks’ custody and payments infrastructure and network to provide cross-border treasury and tokenized asset settlement. The collaboration is a significant moment for the rapidly growing stablecoin ecosystem by bringing together two leading infrastructure providers and their networks to advance payments onchain.

“Together, Circle and Fireblocks are working to build the trusted rails that enable stablecoin-based finance at a global scale,” said Michael Shaulov, Co-founder and CEO of Fireblocks. “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.”

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

Stablecoins like USDC are redefining how money moves – near-instant, programmable, and borderless – opening the door for institutions to create new value and deepen client relationships as we step into a new future in finance. Financial institutions are under pressure to launch new stablecoin-based products at speed while meeting security and compliance requirements, to access diverse liquidity providers to serve customer settlement and pricing needs, and to do so while navigating an evolving landscape of regulatory, operational, and technological demands. The collaboration between Circle and Fireblocks can provide the infrastructure to meet these challenges head-on, enabling institutions to bring custody, tokenization, and stablecoin payments into production with confidence.

Through the integration, Fireblocks customers will gain seamless access to Circle’s stablecoins and products, including Circle Gateway, a new crosschain primitive that enables a unified USDC balance for instant crosschain liquidity across supported chains, delivering a seamless user experience in moving assets across multiple blockchains. All integrations will be underpinned by Arc¹, a new open Layer-1 enterprise-grade blockchain purpose-built for stablecoin finance. With Fireblocks’ early support for Arc, thousands of institutions will be able to securely build, deploy, and transact on programmable money rails.

The strategic collaboration follows the announcement of Fireblocks Network for Payments, an initiative connecting payment providers, banks, fintechs, and other organization with trusted access, liquidity, and compliance required for stablecoin payments and the recent launch of Circle Payments Network (CPN)² an innovative platform for financial institutions to use stablecoins for global payments. The interoperability of Fireblocks Network and Circle Payments Network will provide a unified experience for financial institutions that span treasury management solutions across cross border, merchant and retail use cases.

With Circle providing widely used stablecoins and Fireblocks securing more than $10 trillion in digital asset transactions, the collaboration represents a major step toward an institutional-grade, programmable financial system. It offers financial institutions the ability to innovate strategically, launching and scaling digital asset services that drive new revenue, enhance liquidity access, and meet the compliance and operational standards of traditional finance.