Transak and Fireblocks Revolutionize Institutional Stablecoin Payments
Transak has joined the Fireblocks Network for Payments as a launch partner, offering a turnkey solution for institutions to integrate stablecoins into global payment operations. This collaboration aims to provide a faster, more cost-effective alternative to traditional payment methods.
Industry forecasts predict a $1.2 trillion stablecoin market by 2028, with 49% of global institutions already using stablecoins for payments. The partnership bridges the gap by providing Transak's developer-friendly fiat-to-stablecoin rails, liquidity, and compliance tools through the Fireblocks Network. This simplifies access to stablecoin infrastructure, enhancing speed, compliance, and global reach for institutions.