Key takeaways:
- Fireblocks has natively integrated Circle’s Gateway and Circle Payments Network, letting institutional clients manage USDC across multiple blockchains from a single balance
- Circle Payments Network enables USDC settlement to local fiat currencies in more than 50 countries without correspondent banks
- Stablecoin volume hit $33 trillion in 2025, up 72% year-on-year, with USDC now the leading stablecoin on Fireblocks’ platform
Fireblocks has integrated Circle’s Gateway and Circle Payments Network directly into its platform, giving institutional clients a way to manage USDC across multiple blockchains and settle payments to local fiat currencies without building separate infrastructure.
The company announced the integration in a blog post on July 16.
Fireblocks said Gateway provides customers with a USDC Virtual Wallet that aggregates balances across supported chains into a single account, replacing the need to maintain separate pre-funded balances on each chain.
“Processing USDC for our clients across multiple chains was one of our biggest operational challenges — balances in the wrong place at the wrong time, constant friction. With Gateway, we now have a single unified balance. We can offer true multi-chain USDC, in real time, without the overhead,” said Luke Wingfield Digby, co-founder and head of corporate development at Orbital.
Circle Payments Network, the second component of the integration, connects banks, payment service providers and virtual asset providers to enable near real-time USDC settlement to local currencies in more than 50 countries, without routing through correspondent banks.
Spencer Spinnell, Circle’s senior vice president of global payments and enterprise partnerships, said the integration extends that reach directly into Fireblocks’ existing compliance environment.
“Fireblocks customers can now reach 50+ countries for USDC-settled local fiat payouts, without leaving the environment where they already manage policy, compliance, and approvals,” Spinnell said.
The growth behind the integration
Fireblocks said the move reflects a broader shift toward stablecoins as a settlement layer for institutional finance. Stablecoin transaction volume reached $33 trillion in 2025, up 72% from the previous year, and monthly stablecoin settlement volume surpassed ACH for the first time earlier in 2026, according to data the company cited from DefiLlama and Forbes.
Stablecoins now account for 69% of all digital asset transaction volume on the Fireblocks platform, and USDC has overtaken larger stablecoins by market capitalization to become the leading stablecoin on the platform this year.
Fireblocks said institutions moving onchain increasingly favor regulated, compliant stablecoins, positioning USDC as the preferred option even over larger tokens by market size.
Compliance built into every transaction
Fireblocks positioned itself as the compliance and policy layer sitting on top of Circle’s infrastructure. The company said the same transaction authorization policies governing other digital asset flows on its platform now apply to every Gateway transfer and CPN payout, with counterparty whitelists enforced at the point of transfer rather than reconciled afterward.
Transfers above defined thresholds route automatically through multi-party approval, while travel rule data and sanctions screening are attached as part of the transaction flow rather than handled as separate compliance steps.
Gateway is available immediately to existing Fireblocks customers through its console or API, with same-day activation. CPN is available to customers already approved on the network, while new customers must apply to join.