Fireblocks and Chainlink Labs announced a strategic partnership to accelerate the issuance of regulated stablecoins.

According to official sources, Fireblocks and Chainlink Labs have announced a strategic partnership to provide secure and compliant technical solutions for banks and financial institutions to issue and trade stablecoins in the global financial market. This technical solution will enable issuing institutions to comprehensively and in real-time view stablecoins, reserves, market value, and total supply across chains. Chainlink Labs Global Head of Banks and Capital Markets, Angie Walker, stated: "Chainlink and Fireblocks offer a powerful suite of technical services, and their combination is expected to accelerate the market growth of various tokenized currencies such as stablecoins. We anticipate that this will not only provide stablecoin users with real-time visibility into asset reserves but also enhance the utility of stablecoins as secure payment tools and institutional trading tools in the digital asset market. By providing secure, intelligent, and scalable solutions, we aim to empower stablecoin issuers and meet the high standards required by institutions and retail customers." Stephen Richardson, Managing Director of Financial Markets at Fireblocks, said: "As the regulatory framework around tokenized currencies continues to mature, the potential for institutional use of regulated stablecoins is expanding further. Stablecoins are driving financial market innovation, and issuers need a comprehensive solution covering everything from reserves to issuance, distribution, custody, and compliance, providing full visibility and cross-chain capabilities. Through collaboration with Chainlink, we will be in a unique market position to meet key market demands such as the scalable adoption of stablecoins." Fireblocks is an enterprise platform dedicated to managing digital asset operations and building innovative businesses on the blockchain, while Chainlink Labs is the primary contributing developer of Chainlink, the core infrastructure of the tokenized asset economy.