Pireblocks of Cryptocurrency Consignment Service(Fireblocks)The company unveiled its own payment network that helps participants to move stable coins.
The FireBlox Payment Network is designed to combine more efficiency and lower risk -on -offlamps, fluid providers, banks, and stable coins than the current providers use a more distributed and fragmented system.
There are already over 40 network participants, and here, the USDC developer Circle(CrCl)It includes and stablecoin platform bridge.
FireBlocks explained that this new network is a stable coin corresponding to Swift, which allows banks all over the world to make money more easily sending money across borders.
Fire Blocks(Fireblocks)According to the network, the network handles more than $ 200 billion per month. As of June, the total monthly amount of all stablecoin payments amounted to $ 800 billion. According to a study quoted by Grace Kale,.
Cryptocurrency tokens, which were fixed in the value of traditional financial assets such as stablecoin and legal money, recorded rapid growth in 2025, The market value exceeds $ 280 billion At the beginning of the year, from about $ 200 billion to August
With the rapid growth in the field, major companies are developing their own payment platforms to further promote this growth. STRIPE used the bridge last year as a stablecoin platform, and at the same time circle.(Circle) In April.
Both companies are also for their own exclusive blockchain development stable coin and tokenized assets
