Thu, July 23

OpenPayd Expands Global Payment Rails Through Fireblocks Integration

OpenPayd Expands Global Payment Rails Through Fireblocks Integration Blockchain News
  • OpenPayd’s worldwide fiat infrastructure may now be accessed directly by Network members via the Fireblocks Console or API.
  • With on/off-ramp, FX, and remittance features, Fireblocks Network for Payments integrates local payment rails, blockchains, and stablecoin systems.

One of the leading providers of financial infrastructure, OpenPayd, has joined Fireblocks Network for Payments. In response to growing institutional demand, OpenPayd became the first provider to go live on the Fireblocks Network in the UK and Europe. This move connects over 2,400 customers across the Network’s payments ecosystem with OpenPayd’s rail-agnostic infrastructure and integrated compliance capabilities.

With on/off-ramp, FX, and remittance features, Fireblocks Network for Payments integrates local payment rails, blockchains, and stablecoin systems. The Network links 2,400 exchanges, fintechs, banks, payment service providers, and liquidity partners and has cleared over $14 trillion in transactions.

OpenPayd’s worldwide fiat infrastructure may now be accessed directly by Network members via the Fireblocks Console or API, eliminating the need for an additional integration. With up to 60 currencies available on demand across more than 100 countries, businesses can now access GBP, EUR, and USD, simplifying payments, treasury operations, and reconciliation through a single workflow. Businesses may move between fiat and stablecoins safely, legally, and globally with to the integration’s strong liquidity and Fireblocks’ built-in security features, such as wallet authentication and Travel Rule compliance.

The action builds on OpenPayd’s previous strategic alliances with the first FCA-regulated digital asset exchange, Archax, and the top global cross-asset marketplace for FX and digital assets, LMAX Group. OpenPayd is now processing over $280 billion in transactions annually.

Michael Treacy, Director of Business Development and Marketing at OpenPayd, said: “This integration marks another significant step on our growth journey. Demand for reliable infrastructure solutions is growing as global institutional adoption of digital assets continues to accelerate. 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.” 

Richard Astle, VP of Business Development at Fireblocks,: “Dollar-denominated stablecoins are increasingly how value reaches emerging markets, and many of those corridors originate in the UK and Europe. OpenPayd’s expansion lets institutions on- and off-ramp in GBP and EUR as well as USD across the Fireblocks Network, strengthening it as the infrastructure layer for institutional stablecoin liquidity and payments.”

The digital economy’s universal financial infrastructure is being built by OpenPayd. Dr. Ozan Ozerk founded the rails-agnostic platform in 2018. With a single, powerful API, organizations may transfer and manage money internationally between fiat and digital assets. OpenPayd facilitates interoperability between conventional finance and digital assets by offering embedded accounts, FX, local and international payments, Open Banking, and stablecoin on/off ramps. OpenPayd facilitates real-time money transfer worldwide with one of the most extensive banking networks available.

OpenPayd handles over $280 billion in yearly volumes for over 1200 enterprises and is trusted by international names including as eToro, Kraken, OKX, and B2C2. The upcoming generation of financial services is powered by this infrastructure layer.

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