TL;DR
- Euronet has chosen Fireblocks to integrate stablecoin payments and blockchain technology, optimizing its international transactions.
- The integration combines Fireblocksā infrastructure with Euronetās global network, Dandelion, which spans 631,000 locations, 4.1 billion bank accounts, and 3.2 billion digital wallets.
- Fireblocks provides security through MPC technology and access control.
Euronet, a global leader in payments processing and cross-border transactions, selected Fireblocks to incorporate stablecoin payments and blockchain technology into its financial infrastructure.
The collaboration aims to optimize treasury operations, reduce pre-funding needs, and enhance liquidity management, taking international payments to a new level of efficiency and security.
Euronetās Client Network
The integration merges Fireblocksā infrastructure with Euronetās extensive global network, Dandelion, which includes approximately 631,000 locations, 4.1 billion bank accounts, 3.2 billion digital wallets, and 4.0 billion Visa debit cards across 200 countries and territories. This reach allows interoperability between traditional systems and blockchain, making cross-border payments faster, more reliable, and more accessible.
The first implementation phase focuses on optimizing capital use and streamlining fund transfers between Euronet and its banking and payment partners. Subsequent phases will expand the integration to fiat-to-stablecoin conversions, asset tokenization, and customer-facing products, including Ria Money Transfer, Xe for high-value corporate payments, Dandelion Payments for wholesale transfers between financial institutions, andĀ its global ATM network.
Why Fireblocks?
Fireblocks delivers advanced security through its multi-party computation (MPC) technology and policy engine, which protects wallets, controls access, and automates operations. Its partner networkāincluding on- and off-ramp providers, stablecoin issuers, and liquidity platformsāallows to accelerate deployment of new technologies without building separate integrations for each provider.
Juan Bianchi, EVP and CEO of Euronetās Money Transfer segment, emphasized that the combination of regulatory clarity and technological advancements enables a transformation in money movement, making payments more secure and efficient. Michael Shaulov, CEO of Fireblocks, stated that the collaboration lays the foundation for the next generation of global payment systems, accelerating stablecoin adoption in international transactions.
Euronet will strengthen its payment infrastructure and position itself as a leader in the cross-border payments revolution, creating a real-time, interoperable ecosystem that combines the best of traditional systems with blockchain technology