Circle And Fireblocks Partner To Scale The Onchain Economy

Circle and Fireblocks have announced their partnership to scale the adoption of stablecoin payments and enterprise-grade custody of digital assets, according to their pressroom.

Both companies have teamed up following the launch of their own respective payment networks CPN and FPN and will be utilizing them to service global customers.

Fireblocks Co-founder and CEO Michael Shaulov expressed:

"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 won’t just keep pace, they’ll set the standard for tomorrow’s digital financial system."

Circle Co-founder and CEO Jeremy Allaire 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 will include utilizing $USDC transactions via the Circle Gateway and Arc chain, as well as Fireblocks’ secure crypto custody using MPC wallet infrastructure, offering treasury management, and backed by strong compliance standards (ISO27001; 27017; 27018; and 22301).