cryptonews.net
Transak, a global web3 infrastructure provider, has joined the Fireblocks Network for Payments as a launch partner, giving financial institutions and fintech companies direct access to fiat-to-stablecoin payment rails. The integration allows businesses to use stablecoins for cross-border transactions.
Through Fireblocks, institutions can now connect to Transak’s payment infrastructure, which supports cards, bank transfers, and virtual accounts across more than 60 countries. The system includes compliance tools such as KYC, AML, and sanctions screening. Transak has processed over $2 billion in fiat-to-crypto transactions, with a significant share in stablecoins.
The Fireblocks Network currently serves more than 2,400 participants across 120 blockchains and has processed over $10 trillion in transfers. Its payments network brings together stablecoin issuers, liquidity providers, and payment rails across 100 countries and 60 currencies. By adding Transak, Fireblocks expands its offering for institutions seeking scalable and compliant access to stablecoin payments.
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