Stablecoin Standard has announced that Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has joined as an industry partner to help establish security standards for the issuance of stablecoins. As a leading digital asset infrastructure provider and multi-party computation (MPC) technology pioneer, Fireblocks ensures the secure moving, storing, and issuing of digital assets, having secured the transfer of over $6 trillion in digital assets.
Since its first bank-issued stablecoin in March 2022, Fireblocks has delivered more than 10 stablecoin projects and is in active conversations with more than 25 banks globally who are exploring the creation of bank-issued stablecoins or tokenized deposits.
Ran Goldi, SVP Payments and Network at Fireblocks, who joins the Stablecoin Standard’s Advisory Board, said, “Becoming a member of Stablecoin Standard aligns with Fireblocks’ mission of enabling every business to easily and securely support digital assets, ensuring security is front and center of stablecoin issuance. We believe that all forms of money will be tokenized, and to make sure we are not creating a non-interoperable world, we need to put in the work, and collaborate as an industry on the fundamental standards moving forward.”