OpenPayd Joins Fireblocks Payments Network in Europe
Institutional access to digital asset markets expands.
1A First in Europe
OpenPayd has become the first payment infrastructure provider to integrate with the Fireblocks Payments Network across Europe and the UK. This move facilitates institutional access to fiat payment services in digital asset markets. Over 2,400 Fireblocks participants can now directly connect to OpenPayd's infrastructure.
2Multi-Currency Support
The integration enables institutions to access British pounds, euros, and US dollars. Additional currencies are available in over 100 countries. OpenPayd's annual transaction volume exceeds $280 billion.
3Technical Integration
Participants can connect to OpenPayd's fiat on/off-ramp, FX, and cross-border payment infrastructure via Fireblocks Console or API. The system combines OpenPayd's compliance capabilities with Fireblocks' security controls like wallet verification.
4Market Dynamics
The Fireblocks Network has processed over $14 trillion in transaction volume, serving 2,400+ exchanges, banks, and fintech firms. As interest in digital assets grows in Europe, this integration addresses the need for regulated infrastructure.
5Institutional Demand
OpenPayd's Business Development Director Michael Treacy noted rising demand for reliable payment infrastructure amid increasing institutional adoption of digital assets. The company aims to simplify fragmentation in global payment systems.
6Industry Future
This collaboration marks a significant step in financial providers' efforts to bridge blockchain and traditional systems. As the digital economy grows, integrated solutions will become increasingly critical.
Original article: DailyCoin — OpenPayd, Fireblocks Ödeme Ağı'na Avrupa'da Katıldı