OpenPayd, a company providing financial infrastructure for businesses, has become a participant in the Fireblocks Network. Over 2,400 Fireblocks participants now have access to OpenPayd's infrastructure and the ability to conduct fiat payments.
The Fireblocks Network integrates payment systems, blockchains, and stablecoin infrastructure. Through the network, companies can connect to services for depositing and withdrawing funds, currency exchange, and international transfers. The total transaction volume on the network has exceeded $14 trillion. Participants include cryptocurrency exchanges, fintech companies, banks, payment services, and liquidity providers.
Connection to OpenPayd is achieved via the Fireblocks Console or API. The service supports British pounds, euros, and US dollars. Additionally, over 60 currencies are available upon request. Companies can conduct payments, manage liquidity and treasury operations, and reconcile settlements within a unified workflow.
The integration also enables the transfer of funds between fiat currencies and stablecoins, utilizing Fireblocks' security and compliance tools. These include support for Travel Rule requirements and cryptocurrency wallet screening.
Image: Magnific
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