OpenPayd becomes the first payment provider on Fireblocks Network for Payments in Europe, giving 2,400+ institutions direct access to fiat on- and off-ramps.
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OpenPayd has become the first payment infrastructure provider to join the Fireblocks Network for Payments in Europe and the UK. The integration gives more than 2,400 Fireblocks participants direct access to OpenPayd's fiat payment rails.
Institutions on the network can now move British pounds, euros and U.S. dollars through OpenPayd's infrastructure without building a separate connection. The setup covers fiat on- and off-ramps, foreign exchange and cross-border payments across more than 100 countries.
The link combines OpenPayd's compliance and payment systems with Fireblocks' security controls, including wallet verification and Travel Rule support. Fireblocks said its network has processed over $14 trillion in transaction volume and serves more than 2,400 exchanges, banks, fintech companies and liquidity partners.
OpenPayd now processes more than $280 billion in annual transaction volume and serves over 1,200 businesses globally. The company was founded in 2018 and provides embedded accounts, FX, domestic and international payments, Open Banking and stablecoin on- and off-ramp infrastructure through a single API.
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," Treacy said.
The move comes as banks and investment firms across Europe and the UK step up their focus on digital assets and blockchain-based settlement. Regulated infrastructure that can simplify movement between traditional currencies and digital assets remains a bottleneck for many institutions.
Fireblocks' Network for Payments connects local payment systems, blockchains and stablecoin platforms. OpenPayd's addition gives those participants a direct fiat on-ramp without the usual integration work.
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