Miami, Florida, September 4th, 2025, Chainwire
Transak is proud to support the Fireblocks Network for Payments as a launch partner, giving fintechs and financial institutions a turnkey solution to start using stablecoins for global payments. This makes it easier than ever for businesses to move money with stablecoins – faster, cheaper, and without the usual hassle of building infrastructure or managing compliance from scratch.
Stablecoins have earned the title of ‘the first blockchain application to find product-market fit’. Today, all finance is ‘fintech’ in the traditional sense. The next evolution of finance involves stablecoins and blockchain rails, and there is virtually no modern fintech company in 2025 without a stablecoin strategy. Recent research by Coinbase Institutional forecasted a $1.2 trillion stablecoin market as the most probable outcome by 2028 (up from ~$270 billion at the time of writing). Fireblocks’ State of Stablecoins 2025 survey reinforces this trajectory, with 49% of global institutions already using stablecoins for payments and another 41% in pilot or planning stages. Clearly, stablecoins’ ability to move money at internet speeds without intermediaries and bottlenecks caused by manual processes is how money would eventually flow across continents.
Businesses cannot participate in a stablecoin future with legacy spreadsheet-driven infrastructure. They need networks and rails that are easily integrable, compliant, and globally connected. That is exactly what Transak and Fireblocks deliver together.
As one of the first payment providers for Fireblocks’ stablecoin-powered infrastructure, Transak delivers developer-friendly fiat-to-stablecoin rails with liquidity, localized payment methods (cards, bank transfers, virtual bank accounts), and a multi-layer compliance and KYC stack. Used by 450+ leading Web3 platforms and over 10 million users, Transak has processed more than $2 billion in fiat-to-crypto volume, with nearly 30% through stablecoins.
Until now, institutions scaling stablecoin payments have faced fragmented provider discovery, one-off technical integrations, and complex compliance requirements. By connecting to Transak through Fireblocks, institutions gain:
- Direct integration: connect instantly via Fireblocks Console or API, without additional custom development
- Regulatory confidence: multi-layer KYC, AML, and sanctions screening built into every transaction
- Global reach: coverage across 64+ countries and multiple local payment methods
- Adaptability: infrastructure designed for today’s fiat-to-stablecoin ramps and evolving needs like NFT checkout, token-based commerce, and new regulatory frameworks
“Joining the Fireblocks Network for Payments means institutions can now access Transak’s fiat-to-stablecoin infrastructure with the speed, compliance, and reach they expect — without the drag of fragmented integrations,” said Siraj Uddin, COO at Transak. “This milestone strengthens our mission to make global value transfer seamless and accessible.”
Fireblocks is a trusted enterprise-grade infrastructure platform that powers the digital asset economy, including exchanges, custodians, banks, wallets, fintechs, and Web3 applications. Having already secured over $10 trillion in digital asset transfers across 120+ blockchains, Fireblocks is now extending this infrastructure to stablecoin payments.
The Fireblocks Network for Payments is designed to accelerate institutional adoption of stablecoin-based money movement. It unites on/off-ramps, stablecoin issuers, liquidity providers, and local payment rails into one open and interoperable network spanning 100+ countries and 60+ currencies.
By joining the Network, Fireblocks’ 2,400+ participants can now connect directly to Transak, unlocking seamless access to global on/off-ramps, NFT checkout, token listing, and Web3 payments infrastructure.
“Stablecoins create the opportunity to unify global payment rails, but institutions need more than interoperability — they need scale, trust, and compliance built in,” said Michael Shaulov, CEO and Co-Founder of Fireblocks. “By bringing Transak into the Fireblocks Network for Payments, we’re delivering that missing layer: a secure, neutral network that allows stablecoin payments to flow seamlessly across borders and regulatory frameworks, giving institutions the confidence to operate globally from day one.”
With Transak as part of the Fireblocks Network for Payments, institutions gain a ready-made path into stablecoin payments, while Fireblocks strengthens its role as the backbone of compliant, global digital asset flows.
About Transak
Transak is the payments infrastructure for stablecoins and crypto. With its Virtual Account APIs and compliance-ready rails, Transak enables apps to onboard users, facilitate cross-border payments, and support multi-party payment flows, natively within their platforms.
Integrated by 450+ apps and used by over 10 million users globally, Transak powers fiat-to-crypto and crypto-to-fiat transactions through bank transfers, cards, local payment methods, and stablecoins.
Transak operates globally, with a base in Miami and offices in London, Bengaluru, Dubai, and Hong Kong.
Learn more at transak.com or follow us on X and LinkedIn.
Contact
Harshit Gangwar
harshit.gangwar@transak.com
