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      Fireblocks Partners with Bitpace to Enhance Stablecoin Payment Solutions

      Bitpace, a London-based crypto payment gateway, has integrated with Fireblocks, a New York-based infrastructure provider, to improve its cross-border stablecoin settlement capabilities. This partnership aims to enable merchants and businesses to send and receive payments in USDC without relying on traditional banking systems, which often slow down international transactions.

      Founded in 2016, Bitpace supports transactions across over 70 different tokens and claims monthly transaction volumes exceeding $1 billion. Its platform allows merchants to accept crypto payments and automatically convert them into fiat currencies such as USD and EUR, or stablecoins like USDC. The integration with Fireblocks provides Bitpace access to institutional-grade custody and a robust payments network, enhancing its operational efficiency.

      Fireblocks, established in 2018, employs multi-party computation (MPC) security to protect digital assets by distributing private keys across multiple parties. This security model is designed to prevent single points of failure. The integration not only strengthens Bitpace's custody capabilities but also grants access to Fireblocks' policy engine, allowing for customizable transaction rules and enhanced security measures.

      The partnership comes at a time when stablecoins are increasingly favored for cross-border payments due to their speed and lower transaction costs compared to traditional methods. By bypassing the SWIFT network and other intermediaries, Bitpace can facilitate quicker and more cost-effective transactions, positioning itself advantageously within the evolving landscape of digital finance.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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