According to ChainCatcher, as reported by Fortune, crypto infrastructure provider Fireblocks (valued at $8 billions) announced on Thursday the launch of its stablecoin payment network “Fireblocks Network for Payments,” aiming to help crypto and financial companies transfer stablecoins more conveniently.
The network has already attracted participation from over 40 institutions, including stablecoin startup Bridge (acquired by Stripe), stablecoin companies Zerohash and Yellow Card, as well as Circle, which recently completed its IPO.