Cryptocurrency infrastructure provider Fireblocks launches stablecoin payment network

ChainCatcher news, according to Fortune, cryptocurrency infrastructure provider Fireblocks (valued at $8 billion) announced the launch of the stablecoin payment network "Fireblocks Network for Payments" on Thursday, aimed at helping cryptocurrency and financial companies facilitate stablecoin transfers more conveniently.

The network has attracted participation from over 40 institutions, including the stablecoin startup Bridge acquired by Stripe, stablecoin companies Zerohash and Yellow Card, as well as Circle, which recently completed its IPO.