OpenPayd has become the first payment infrastructure provider to go live on the Fireblocks Network for Payments in Europe and the UK, expanding access to fiat payment services for institutions operating in digital asset markets.
The integration connects more than 2,400 Fireblocks Network participants directly to OpenPayd’s fiat payment infrastructure, allowing businesses to access payment services without building a separate integration.
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The move gives institutions access to British pounds, euros and U.S. dollars, with additional currencies available across more than 100 countries.
How the Integration Works
Through the Fireblocks Console or API, network participants can connect to OpenPayd’s infrastructure for fiat on- and off-ramps, foreign exchange and cross-border payments.
The integration combines OpenPayd’s payment and compliance capabilities with Fireblocks’ security controls, including wallet verification and support for Travel Rule requirements.
Fireblocks’ Network for Payments connects local payment systems, blockchains and stablecoin platforms.
The company said the network has processed more than $14 trillion in transaction volume and serves more than 2,400 exchanges, banks, fintech companies, payment providers and liquidity partners.
The expansion comes as financial institutions across Europe and the UK increase their focus on digital assets, stablecoins and blockchain-based settlement.
Banks, investment firms and fintech companies are seeking regulated infrastructure that can simplify movement between traditional currencies and digital assets.
Michael Treacy, Director of Business Development and Marketing at OpenPayd, said the integration reflects growing demand for reliable payment infrastructure as institutional adoption of digital assets expands.
“By joining the Fireblocks Network, we are widening access to OpenPayd’s universal financial infrastructure, helping more companies overcome the complexity and fragmentation of the global payments system and powering the growth of the digital economy.”
The financial infrastructure provider now processes more than $280 billion in annual transaction volume and serves over 1,200 businesses globally.
Founded in 2018, OpenPayd provides embedded accounts, foreign exchange services, domestic and international payments, Open Banking capabilities, and stablecoin on/off-ramp infrastructure through a unified API.
Why This Matters
The OpenPayd and Fireblocks integration reflects a broader effort by financial infrastructure providers to connect regulated payment systems with blockchain-based assets as institutional adoption of digital assets grows.
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