dLocal Joins Fireblocks Network to Boost Stablecoin Payments in Emerging Markets

dLocal (NASDAQ: DLO), the cross-border payment platform linking global merchants to emerging markets, has joined the Fireblocks Network for Payments. The integration is designed to simplify how institutions connect to liquidity providers and handle fiat–stablecoin flows, giving businesses quicker access to liquidity and lower costs when operating in emerging markets.

Fireblocks, a leading enterprise platform for secure digital asset custody, trading, settlement, and stablecoin payments, operates one of the world’s largest institutional digital asset ecosystems. With dLocal’s local infrastructure now part of the Fireblocks network, businesses can access over 2,400 participants while tapping into dLocal’s expertise in more than 40 markets and 900+ payment methods.

Why This Matters

The integration addresses one of the largegest friction points in digital finance: bridging fiat and stablecoins. Despite stablecoin supply hitting a record USD $208 billion in circulation this year, global companies still face fragmented rails, high costs, and operational hurdles when trying to move seamlessly between traditional and digital assets.

For institutions, combining Fireblocks’ global scale with dLocal’s local rails means improved liquidity access, reduced settlement costs, and the ability to serve consumers across diverse regulatory and payment environments. This is particularly crucial for merchants operating in emerging markets, where demand for digital payments is accelerating but infrastructure remains uneven.

Voices from the Industry

Michael Shaulov, CEO and Co-founder of Fireblocks, said stablecoin adoption is at a critical juncture: “Stablecoin adoption is accelerating everywhere, but the real test is making it work in emerging markets, where the frameworks are in constant construction. With dLocal joining the Fireblocks Network for Payments, we’re combining their deep local expertise with the scale, security, and reliability of Fireblocks’ institutional infrastructure.”

Pedro Arnt, CEO at dLocal, emphasized how the partnership enhances global business connectivity: “This collaboration is a defining step in bringing stablecoins and traditional finance closer together. By joining Fireblocks Network for Payments, we’re giving thousands of businesses a direct link into the world’s quickest-growing markets, assisting them transact more efficiently and gain quicker, more reliable access to liquidity.”

Emerging Markets in Focus

Emerging markets are among the most promising regions for . Local consumers and merchants often face barriers such as unstable currencies, regulatory uncertainty, and limited access to . By embedding dLocal’s infrastructure into Fireblocks, global businesses can better reach these consumers while reducing transaction complexity.

The move also highlights how stablecoins are evolving from speculative instruments to practical settlement tools. With multinationals increasingly relying on settlement, collaborations like this are expected to shape the next phase of digital asset adoption.

Outlook

The addition of dLocal to the Fireblocks Network for Payments signals a broader industry trend: the integration of local expertise with institutional infrastructure. As digital finance scales, market participants increasingly require partners who can manage both regulatory compliance and technical connectivity across jurisdictions. With stablecoin volumes surging and institutional adoption widening, the partnership is positioned to accelerate growth at the intersection of fiat and crypto rails.