Bitpace taps Fireblocks for stablecoin settlements

Bitpace integrated Fireblocks for cross-border stablecoin settlement, adding custody controls and transaction management for global businesses.

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Bitpace has integrated Fireblocks into its payment infrastructure to support cross-border stablecoin settlements across a platform that handles more than 75 cryptocurrencies and 40 fiat currencies.

Summary

• Bitpace integrated Fireblocks to strengthen cross-border stablecoin settlement, transaction controls, custody, and treasury operations globally.
• Fireblocks says stablecoins represented 69% of digital asset transaction volume across its platform during Q2.
• Bitpace supports settlements in more than 75 cryptocurrencies and 40 fiat currencies for businesses worldwide.
• Fireblocks processes over $200 billion monthly in stablecoin volume across payment providers, fintechs, and banks.
• Bitpace plans to use Fireblocks for higher volumes and expansion into additional jurisdictions next year.

Bitpace said on Sept. 22 that Fireblocks has been connected directly to its core platform, giving corporate customers additional transaction controls, digital-asset security tools and custody infrastructure for international payments.

The companies did not disclose the value of transactions expected to pass through the integration, implementation costs or a list of blockchain networks enabled specifically for Bitpace clients. Bitpace said the infrastructure will be used for stablecoin transfers, multi-currency treasury activity and payment settlement across international markets.

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Bitpace integrates Fireblocks into stablecoin settlement

Through the deployment, Bitpace customers can route and settle stablecoin transfers using Fireblocks infrastructure without Bitpace building a separate security and transaction-management layer for each payment flow.

Bitpace CEO Anil Oncu described the integration as providing “speed and security” alongside operational flexibility for its global clients. His comments describe the company’s intended operational benefits; the announcement does not provide independent performance data comparing settlement speeds before and after Fireblocks was deployed.

Fireblocks provides institutional wallet infrastructure, policy controls, transaction approvals and connectivity between digital-asset firms, liquidity providers and payment companies. Its Network product lets participants connect with payment providers, banks, stablecoin issuers and on/off-ramp companies through one infrastructure layer.

Richard Astle, Fireblocks’ vice president and head of network, said “transaction security and network reach” allow payment companies to handle rising transaction volumes. The partnership announcement does not state whether Bitpace will use every Fireblocks product or identify which custody configuration applies to individual customers.

Bitpace’s existing services are focused on businesses rather than retail customers. Its current terms state that its products are provided to wholesale customers, companies and merchants, with services varying by jurisdiction.

Fireblocks brings $200B monthly stablecoin network

The Bitpace integration connects the payments company to infrastructure Fireblocks says processes more than $200 billion in stablecoin volume each month through payment providers, fintech companies and banks. Those figures describe Fireblocks’ entire network and should not be treated as Bitpace transaction volume.

Fireblocks separately reported that stablecoins represented 69% of all digital-asset transaction volume on its platform during the second quarter of 2026. USDC became its largest stablecoin by platform volume earlier this year, according to the company.

Its institutional footprint extends beyond payments companies. Fireblocks says more than 2,500 organizations use its infrastructure globally, including over 100 banks, while its technology supports operations across more than 200 blockchains. The figures come from Fireblocks’ own platform materials.

Several stablecoin projects have joined the network during 2026. As previously reported, Circle integrated USDC Gateway and Circle Payments Network with Fireblocks, allowing institutional customers to manage USDC balances across supported chains and route stablecoin payments toward local fiat payouts. The July rollout placed Circle’s settlement services inside Fireblocks’ existing policy, approval and audit controls.

One day before the Bitpace announcement, Fireblocks disclosed another agreement in Asia. In related coverage, Kakao Pay and KakaoBank agreed to test stablecoin infrastructure with Fireblocks through proof-of-concept programs in South Korea. No commercial stablecoin or production date was announced under that agreement.

Bitpace had expanded stablecoin support before Fireblocks deal

Stablecoin settlement was already part of Bitpace’s payment product before the Fireblocks integration.

In August, Bitpace announced support for Global Dollar, or USDG, adding the stablecoin as another option for international invoice processing and cross-border settlement. The company said the product was intended for merchants, payment providers, brokers and real-estate businesses.

Its current payment platform supports settlement in more than 75 cryptocurrencies and 40 fiat currencies, according to the Sept. 22 release. Supported assets include major cryptocurrencies alongside stablecoins, while settlement availability depends on the customer’s location and Bitpace entity providing the service.

Bitpace has separately built compliance and security systems around the payment operation. In June, the company said it obtained ISO/IEC 27001 certification covering development, maintenance and delivery of its payment-processing services. ISO 27001 sets requirements for information-security management systems, although the certification does not by itself guarantee that a company cannot experience a security incident.

Its Canadian website operator, Q500 Canada Inc., is registered with Canada’s Financial Transactions and Reports Analysis Centre as a money services business, according to Bitpace’s terms. FINTRAC separately states that MSB registration confirms fulfillment of registration requirements and should not be interpreted as regulatory endorsement or licensing by the agency.

Bitpace lists another operating company, Q500 MEA Limited, for certain international services and says its offerings may be unavailable in some jurisdictions. Customers are assigned terms based on the legal entity handling their relationship.

Bitpace plans more jurisdictions and higher transaction capacity

Bitpace plans to use the Fireblocks deployment as it expands payment processing over the coming year.

The company said the new infrastructure is intended to support higher transaction volumes and entry into additional jurisdictions, but it did not name the countries, provide a deployment calendar or give volume targets. Any expansion will therefore depend on future commercial launches and the applicable local requirements.

Fireblocks has been expanding its payment infrastructure at the same time. Its current payments service connects more than 40 providers across over 100 countries and 60 fiat currencies, according to company data. Fireblocks says payment companies can access stablecoin issuers, liquidity firms and local payment rails through one integration.

The company introduced Fireblocks Flow in June for payment service providers and fintechs that want customers to pay from external wallets while merchants settle in selected stablecoins. An August update said companies running Flow in production could accept funds from wallets or exchanges and convert incoming digital assets into the stablecoin they are prepared to hold.

For Bitpace, the Sept. 22 announcement does not introduce a new stablecoin, consumer product or token. It changes the infrastructure supporting the company’s existing business-payment services, with Fireblocks providing part of the security, custody and transaction-management stack used for stablecoin settlement.

Bitpace has not given a date for its first new jurisdiction following the integration. Its published plan covers the coming year and states that payment-processing capacity will be expanded as the company scales its business services.

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