OpenPayd Taps Fireblocks Network for Expanded Institutional Reach

OpenPayd has expanded its institutional reach by joining Fireblocks' payments network. The move, announced on July 23rd, connects over 2,400 Network users with immediate access to OpenPayd's on/off-ramp solutions in more than 60 currencies across 100 countries.

This makes OpenPayd the first provider to go live on the Fireblocks Network in Europe. The integration allows businesses to access GBP, EUR and USD today, with up to 60 currencies available on demand across over 100 countries.

Fireblocks Network for Payments unites local payment rails, blockchains, and stablecoin systems with on/off-ramp, FX, and remittance capabilities. With over $14 trillion in transaction volume settled, the Network connects exchanges, fintechs, banks, payment service providers, and liquidity partners.

The move is seen as a significant step towards widening access to OpenPayd's universal financial infrastructure, helping more companies overcome the complexity and fragmentation of the global payments system. Michael Treacy, Director of Business Development and Marketing at OpenPayd, said: 'This integration marks another significant step on our growth journey.'