Senior Product Marketing Manager

Fireblocks launches LayerZero integration, enabling institutions to issue stablecoins on over 35 blockchains with unmatched security, governance, and no-code deployment.The integration supports seamless OFT-enabled stablecoin issuance, solving fragmentation across chains.Institutions benefit from enterprise-grade controls, real-time compliance tools, and effortless multi-chain scaling.The Wyoming Stable Token Commission and WSPN (Worldwide Stablecoin Payment Network) are the first adopters, setting a new precedent for secure, interoperable stablecoin infrastructure.VANCOUVER, BC, May 19, 2025 /PRNewswire/ -- Fireblocks , an enterprise platform for managing digital asset operations and building innovative businesses on blockchain, announced today it has expanded its Tokenization Engine with the launch of a new integration with LayerZero , the industry's leading interoperability protocol. With LayerZero, thousands of Fireblocks customers can issue and manage stablecoins across more than 35 chains with ease, security, and governance.The growing importance of stablecoins in the global payments ecosystem has catapulted the stablecoin market cap past $230 billion, doubling that of last year. With the world increasingly recognizing the transformative potential of stablecoins, the demand for robust infrastructure is reaching a feverish peak.This integration combines Fireblocks' battle-tested security and operational efficiency with LayerZero interoperability. LayerZero's Omnichain Fungible Token (OFT) standard will now facilitate the issuance of stablecoins and other RWAs that can seamlessly operate across multiple blockchains.By integrating LayerZero's technology into the Fireblocks platform, clients can now create OFT-enabled stablecoins in just a few clicks, all while benefiting from Fireblocks' industry-leading security, governance, and controls.LayerZero and Fireblocks are addressing the primary challenge of fragmentation in today's digital asset ecosystem, making the tokenization of stablecoins and real-world assets more interoperable, secure, and efficient.Institutional-grade security meets effortless multi-chain deploymentThe rise of institutional interest in digital assets is accompanied by a heightened need for security and governance. Institutions rely on Fireblocks' defense-in-depth approach to deploying and managing smart contracts, building on institutional-grade key management and fine-grained governance controls.Fireblocks has supported stablecoin issuance by banks worldwide since ANZ Bank launched the first Australian dollar stablecoin in 2022. LayerZero has also supported stablecoin issuance, with $10B in stable assets building with its OFT Standard, including USDT0, USDe, and PYUSD

Institutional adoption of stablecoins has reached an all-time high, supported by technical readiness, declining regulatory friction, and intensifying demand for faster, cross-border settlement infrastructure.According to a recent report from Fireblocks, 86% of surveyed firms say they now have the partnerships and systems in place to support stablecoin integration, signaling a decisive shift from pilot testing to scaled implementation.Nearly half (49%) of institutions actively use stablecoins for payments, while another 23% are conducting pilots and 18% are preparing for implementation. Only 10% remain undecided, indicating widespread movement toward adoption across financial institutions, payment providers, and banks.Barriers melting awayBarriers to adoption have declined sharply since 2023, indicating rising confidence in the sector.Only 18% of respondents now cite compliance as a concern, down from 74%, while regulatory uncertainty dropped from 85% to 25%. Similarly, internal capability concerns, such as a lack of technical expertise, fell from 41% to 14%.The report attributed the decline to clearer national regulations, improved anti-money laundering and KYC frameworks, and international alignment on policy standards.The report highlighted that 64% of firms believe that standardized best practices have materially improved their stance on stablecoin use, while 60% point to global regulatory harmonization, and 56% highlight enhanced compliance tooling.75% of respondents also report clear customer demand for stablecoin-based products, reinforcing the shift from experimentation to product deployment.Additionally, banks and payment processors now see stablecoins not as a speculative technology but as strategic infrastructure to recapture market share, especially in cross-border flows.Adoption driversThe focus of institutional adoption has moved from proof-of-concept pilots to enterprise-grade execution. Infrastructure performance, especially in compliance automation, liquidity access, and transaction handling, has become a differentiator.For 41% of respondents, fast and reliable payouts are the top infrastructure requirement, followed by regulatory transparency (34%), efficient fiat-crypto bridges (31%), and liquidity depth (27%).Security remains a non-negotiable requirement as firms prepare for higher throughput and tighter regulatory scrutiny. 36% of respondents flagged stronger fraud protection as an adoption driver, while 31% already cite enhanced security as one of stablecoins’ leading benefits.The report said that the focus on scale and control reflects a broader market shift away from “crypto-remote” models, which involve external management of digital assets, toward full-stack integration within treasury, risk, and compliance systems.Fireblocks found that the key drivers of stablecoin adoption have evolved beyond traditional efficiency-related reasons and now include revenue expansion, market entry, and customer demand as leading motivations.Around 40% of respondents said stablecoins support entry into new markets, while 38% pointed to customer demand, and 37% cited new revenue opportunities. Firms increasingly view stablecoins as growth infrastructure rather than just a tool for improving costs and operational efficiency, which still matter.Industry participants are now making ecosystem-level decisions about which networks and infrastructure providers to partner with, signaling that stablecoins are no longer on the periphery of institutional finance but are entering its operational core.Cross-border transactions dominate demandInstitutions are increasingly positioning stablecoins as tools to modernize global financial infrastructure, evident by the total stablecoin market cap recently reaching nearly $238 billion.Traditional domestic payment systems have made strides toward real-time processing, but international transfers remain hampered by legacy correspondent banking networks that introduce delays, lack transparency, and carry high FX costs.According to the report, 58% of traditional banks said cross-border payments were the primary use case for stablecoins, double the share citing any other category

Stablecoin transactions on Fireblocks reach $40B per quarter, as a survey of 295 C-Suite executives shows the global payments industry shifts toward implementationNEW YORK, May 15, 2025 /PRNewswire/ -- Fireblocks , an enterprise platform for managing digital asset operations and building innovative businesses on blockchain, today released its annual payments report, State of Stablecoins 2025. Drawing on insights from nearly 300 C-suite leaders across banking, fintech, and crypto-native firms, the report reveals that stablecoins are no longer in pilot mode—they are becoming the financial core of modern payments infrastructure.90% of respondents, who included senior executives across traditional banks, fintechs, and crypto-native firms, report stablecoin payment programs are live, piloting, or planned, with cross-border B2B flows leading the way. However, the most notable shift is strategic: executives are prioritizing revenue growth, liquidity control, and market expansion over cost savings. Infrastructure readiness, security, and regulatory clarity have become non-negotiables for firms moving from concept to production.The Fireblocks report pairs market insights with proprietary data from the Fireblocks platform, where stablecoin transactions now account for roughly half of total volume, reaching $40 billion per quarter. Fireblocks currently powers over 300 banks, fintechs, and PSPs across 75 countries."Boards at major payments enterprises recognize that adopting stablecoins is a strategic necessity. They look to retain competitiveness against new crypto-savvy entrants and tap into new client bases and markets that are increasingly aligned with digital asset ecosystems," said Vasant Prabhu, former CFO and Vice Chairman of Visa and member of Fireblocks' Advisory Board.Key Findings from the Report Include:Stablecoin adoption is going live: 49% of respondents actively use stablecoins for payments, with another 41% in piloting or planning stages.49% of respondents actively use stablecoins for payments, with another 41% in piloting or planning stages