Today, @circle jointly announced an expanded strategic collaboration with @FireblocksHQ. Two leading infrastructure platform players working together to accelerate and advance mainstream adoption of stablecoin finance.
Several key components to the collaboration: 🧵
- Fireblocks is integrating Circle Gateway, our new onchain protocol that enables users to hold a single USDC balance and spend it nearly instantly on any supported chain. This reduces friction, streamlines liquidity, and allows institutions to deliver much easier to use experiences to their end-users.
- Fireblocks will become a Day 1 launch partner for @arc , the new Layer-1 blockchain designed specifically for stablecoin finance. The thousands of financial institutions and enterprises that depend on Fireblocks will get immediate support for apps, services and tokens on Arc, including best-in-class USDC support.
- We are working together to integrate Fireblocks Network with Circle Payments Network (CPN) -- any institiution enabled on Fireblocks Network will be able to plug into CPN for seamless international money movement, including enabling Fireblocks clients to become OFIs and BFIs on CPN, unlocking more network utility for both Circle and Fireblocks.
Together, Fireblocks and Circle support tens of trillions of dollars of economic activity on blockchains. Our continued and expanded collaboration comes at a time when mainstream institutions everywhere are looking for the solutions and technologies needed to prosper n the internet financial system.
https://t.co/4kAR9NTS3u
First look sandbox game trailer!
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