Banxa has integrated its fiat-to-crypto services into the Fireblocks Network for Payments. This partnership provides institutional clients in Canada, Australia, and the Eurozone with direct access to on-ramp and off-ramp capabilities via API or console without requiring custom integrations.
The Fireblocks Network for Payments, which launched in September 2025, supports over 100 countries and 60 fiat currencies. It processes more than $100 billion in monthly stablecoin volume. Banxa supports five currencies: CAD, AUD, EUR, GBP, and USD, utilizing local payment methods like Interac, PayID/NPP, and SEPA.
Operational data from early 2026 shows that Banxa has processed over 475,000 transactions through the integration. The total transaction value exceeds $220 million, with a success rate of 99.1%. Banxa holds regulatory licenses in more than 45 jurisdictions, covering compliance requirements for its partners.
The integration aims to capture institutional market share by simplifying cross-border money movement. Banxa competes with providers such as MoonPay, Transak, and Ramp Network. The company also noted that the integration offers savings on gas fees, although specific financial figures regarding these savings were not disclosed.
