Fireblocks has integrated OpenPayd as the first UK-based payments provider on the Fireblocks Network, giving its 2,400 business clients direct access to fiat payments in three major currencies. The move lets crypto firms on the network move money in and out of the system using GBP, EUR, and USD without routing through a separate payment partner.
Fiat on-ramp for 2,400 firms
Until now, businesses on the Fireblocks Network had to rely on their own banking relationships or third-party providers to convert crypto to fiat and back. OpenPayd's integration changes that. The payments provider handles the on-ramp and off-ramp directly, so a company can send euros from its Fireblocks wallet to a bank account in London, or accept dollar payments from customers and settle them in USDC.
Fireblocks says the integration is live now. The 2,400 businesses — which include exchanges, custodians, and trading desks — can start using the service immediately.
OpenPayd's role
OpenPayd is a payments provider, not a bank. It offers virtual IBANs, local bank accounts, and payment rails that let crypto businesses connect to the traditional financial system. The company is regulated in the UK by the Financial Conduct Authority and has been expanding its crypto-focused services over the past year.
Being the first UK provider on the Fireblocks Network gives OpenPayd a direct line to a large pool of potential clients. For Fireblocks, it fills a gap: European and UK-based users now have a built-in fiat route without needing to leave the platform.
Expanding fiat access
The integration covers three currencies — GBP, EUR, USD — which covers the bulk of fiat demand from institutional crypto clients in Europe and North America. Fireblocks has been steadily adding payment providers to its network; OpenPayd is the first based in the UK, a jurisdiction with clear crypto regulation under the FCA.
For businesses on the network, the change is mostly invisible. They just see a new option when they want to withdraw or deposit fiat. But behind the scenes, it means one less integration to manage, and one less counterparty risk to vet.
The integration is effective immediately. Fireblocks hasn't said whether it plans to add more UK-based providers, but the move signals that the network is looking to deepen its fiat connectivity in regulated markets.
