# BlindPay vs Fireblocks

Stablecoin payouts are just the beginning. BlindPay pays local currency into a bank account; Fireblocks secures the assets that get you there.

BlindPay is a stablecoin API that converts USDC and USDT to local currency and pays it out over Pix, SPEI, ACH, RTP, SEPA, or SWIFT (POBO/COBO), with compliance handled inside the API. Fireblocks is an enterprise digital-asset infrastructure platform built around MPC wallet custody, with stablecoin issuance tooling and a network of third-party on/off-ramp partners.

## BlindPay and Fireblocks at a glance
| Capability | BlindPay | Fireblocks |
| --- | --- | --- |
| Focus | Stablecoin-to-fiat payouts and collections over local rails | Digital-asset custody, wallet infrastructure, and treasury security |
| Payout rails | Pix, TED, Boleto, SPEI, PSE, Transfers 3.0, ACH, RTP, wire, SEPA, SWIFT (POBO/COBO), settlement window published per rail | No named local rails on pages reviewed; fiat off-ramp via third-party network partners |
| Pay-in / collections | Virtual accounts convert incoming local bank deposits into stablecoins | Not described on Fireblocks product pages reviewed |
| Custody model | Non-custodial payment processor; funds return to the originating wallet on failure | Primarily self-custody via MPC, with a separate qualified-custody product (Fireblocks Trust Company) |
| Compliance scope | KYC, KYB, sanctions screening, and travel rule handled inside the API | KYT, address screening, and travel rule tooling for a business's own program |
| Pricing model | Published plans (Basic, Business, Enterprise) with usage-based, per-transaction fees and transparent FX, no pre-funding | Custody platform tiers (Essentials, Enterprise) published; payments-product and network-partner conversion fees not published on the pages reviewed |
| Developer experience | REST API, SDKs for Node, Python, Go, PHP, Swift, OpenAPI spec, MCP server, CLI, dashboard, iOS app | Developer docs and SDKs for wallet and custody operations across many chains |
| Settlement tracking | SWIFT and domestic wire carry a UETR; SWIFT references map to MT103 field 70 | MT940 support for reconciliation; local payout tracking not described on Fireblocks product pages reviewed |

**BlindPay is the better fit when:** BlindPay is the better fit for teams that hold stablecoins and need to pay people or businesses in local currency, with compliance handled inside the API.

**Where Fireblocks fits:** Fireblocks fits institutions that need MPC self-custody, treasury security, or stablecoin issuance tooling, jobs BlindPay does not do. BlindPay takes over where custody ends: the payout.

BlindPay completes the payment and Fireblocks secures the keys, so for the payout leg BlindPay is the direct choice: eleven named rails with a published settlement window each, KYC in about 60 seconds inside the same API call, UETR and MT103 tracking on every wire, and one published fee layer. Fireblocks is MPC custody, treasury security, and issuance tooling, with fiat conversion routed through a partner directory that does not name a rail per corridor or publish its fees. Teams that need both hold in Fireblocks and pay out through BlindPay.

## Which should you choose, BlindPay or Fireblocks?

Choose BlindPay when the job is turning stablecoins into reais, pesos, dollars, or euros in a bank account, with compliance in the call and a price on a public page. Choose Fireblocks when the job is holding and securing digital assets with MPC, a qualified custodian relationship, or issuing your own stablecoin. These are different layers, so the usual answer is both: Fireblocks as the vault, BlindPay as the payout.

## What is Fireblocks?

Fireblocks is an enterprise digital-asset infrastructure platform built around MPC wallet custody. Its core products are wallet-as-a-service and embedded wallets secured with multi-party computation, alongside treasury management, qualified custody, cold wallets, and tokenization tooling for issuing and managing a stablecoin's smart-contract lifecycle. Fireblocks also runs a Payments product and a Network for Payments, a directory that lists 11 named on/off-ramp and liquidity partners as of September 2026. That directory sits inside a broader claimed network of more than 2,400 counterparties that businesses can connect to for fiat conversion. It targets fintechs, exchanges, trading firms, banks, payments companies, and Web3 companies, generally enterprise and institutional customers, though its Essentials plan is pitched as everything a team needs to get started. Compliance on the platform runs through native Chainalysis and Elliptic integrations for transaction monitoring, Travel Rule tooling, and a policy engine, built for the business to operate under its own licensing.

## What is BlindPay?

BlindPay is a stablecoin API for [global payments](/global-payments). It converts USDC and USDT to local fiat and pays out over local rails such as Pix, SPEI, SEPA, ACH, and SWIFT (POBO/COBO), staying compliant through one API. BlindPay is backed by Y Combinator (W25) and moves $2.5 billion in annualized transfer volume across a payment network reaching 100+ countries. It serves fintechs, PSPs, remittance businesses, payroll platforms, and import/export companies that need to send stablecoin-funded payments and have them land as local currency. Products include payouts, [virtual accounts](/virtual-accounts) that convert incoming local bank deposits into stablecoins, and payables for paying invoices, boletos, Pix copia e cola codes, utility bills, and tax slips directly from USDC or USDT. Cross-border wires run as SWIFT payments and collections on behalf of (POBO/COBO), with UETR tracking and MT103 confirmations on every transfer. BlindPay is non-custodial: funds stay under the business's control and a failed transfer refunds automatically. Operators get a dashboard and a native iOS app alongside the API. See the full country and currency list on [global payments](/global-payments).

## How do BlindPay and Fireblocks compare?

BlindPay names Pix, SPEI, ACH, RTP, SEPA, and SWIFT with a settlement window and price for each, while Fireblocks routes fiat conversion through a partner directory without naming a rail per corridor. BlindPay starts with money already in stablecoin form and gets it to a bank account in local currency. Fireblocks starts with the need to hold and move digital assets securely. Fiat conversion runs through its network of third-party partners. That shows up directly in the rails each one names: BlindPay's public pages list Pix, SPEI, ACH, RTP, SEPA, and SWIFT by name, with per-rail settlement times and tracking. On the pages reviewed, Fireblocks' payments and stablecoin-infrastructure pages describe fiat on/off-ramp in aggregate. The description covers a directory of 11 named partners inside a broader claimed network of more than 2,400 counterparties, spanning 100-plus countries and 60-plus currencies, without naming which partner or rail serves which corridor.

Custody is the other clear split. BlindPay describes itself as a non-custodial payment processor: it does not hold customer funds, and if a transfer fails, funds return automatically to the originating wallet. Fireblocks is built the opposite way around: MPC-secured wallets are its long-standing core product, with a separate qualified-custody option through Fireblocks Trust Company, its NYDFS-chartered qualified custodian. That option suits businesses that want a provider to hold assets directly.

Compliance and pricing follow the same divide. BlindPay handles KYC, KYB, sanctions screening, and travel rule checks inside the payout flow, as described on the [compliance](/compliance) page. It also publishes plans, Basic, Business, and Enterprise, with usage-based, per-transaction fees and transparent FX, no pre-funding, on the [pricing](/pricing) page. Fireblocks ships KYT and Travel Rule tooling for the business to run its own compliance program. It also publishes tiered pricing for its wallet and custody platform, including an Essentials tier and custom Enterprise plans, on its own pricing page. Payments-product and network-partner pricing are not published on the pages reviewed.

Where the two overlap is developer experience: both expose REST APIs and SDKs, and both treat compliance tooling as something built into the transaction path rather than bolted on afterward. BlindPay ships official SDKs for Node.js, Python, Go, PHP, and Swift, an OpenAPI 3.1 spec, and an MCP server for agent-driven integrations. Fireblocks ships developer tooling built around wallet and transaction operations across many chains. The difference is what that path leads to: a secured wallet balance for Fireblocks, a completed local-currency payment in a bank account for BlindPay.

Coverage claims are worth reading carefully. Fireblocks states a broad aggregate footprint, 100-plus countries and 60-plus currencies, delivered through its network of partners rather than through rails it operates directly, so actual corridor support, pricing, and tracking depend on which partner is live in a given market. BlindPay states its coverage per rail and per country: a named settlement window, minimum, and tracking field for each one, so a team can verify a specific corridor before building against it and knows who is accountable for the transfer.

## When is BlindPay the better fit?

BlindPay is the better fit for teams sending stablecoin payouts into markets like Brazil or Mexico over Pix or SPEI. These teams need compliance handled for them inside the API, without building or licensing local payment rails themselves. Corridor pages such as [USDC to BRL](/usdc-to-brl) and [USDC to MXN](/usdc-to-mxn) show live rates for exactly this use case. It also fits teams that want to collect local currency and convert it into stablecoins automatically, through virtual accounts, rather than only paying out. If the job is "we hold digital dollars and need people paid in their own currency through one API," that is what BlindPay is built for.

## Where does Fireblocks fit?

Fireblocks fits institutions that need MPC self-custody across many blockchain networks, a qualified custodian relationship, or tooling to issue and manage a stablecoin's own smart-contract lifecycle. Those are jobs BlindPay does not do by design. The moment a balance in a Fireblocks vault needs to become reais, pesos, or dollars in a bank account, BlindPay is the tool for that leg: a named rail per country, compliance in the same call, UETR and MT103 tracking on every wire, and a price you can read before you sign up, instead of a partner directory to work through.

## Can you use BlindPay and Fireblocks together?

Yes, and this is a common pairing. A business can hold and secure its stablecoin treasury in Fireblocks, then send funds to BlindPay to convert to local currency and pay out over Pix, SPEI, ACH, or SWIFT. Fireblocks covers custody and treasury security; BlindPay covers the payout leg, the FX conversion, and the compliance checks that go with delivering money to a bank account. Neither product tries to be the other, so running them side by side is straightforward rather than redundant.

## How do you migrate from Fireblocks to BlindPay?

Most teams keep Fireblocks in place for custody and add BlindPay for the payout leg, so this is an addition more than a full migration. 1) Re-KYC your business and any payees on BlindPay, since compliance does not transfer between providers. BlindPay's automated individual KYC runs in about 60 seconds, with manual review for KYB and higher-risk cases taking three hours to one business day. 2) Get a quote through the BlindPay API before executing a payout, and execute before the quote expires, since quotes are time-limited by default. 3) Wire up Svix-verified webhooks for payout and payin status, using the stable svix-id header to handle redeliveries safely instead of re-processing the same event twice. 4) Dual-run both providers during a cutover window. 4a) Send a subset of payouts through BlindPay behind a feature flag while Fireblocks-funded flows continue as before. 4b) Persist both the legacy payout instruction ID and BlindPay's payout ID side by side. 4c) Expand corridor by corridor once tracking and reconciliation check out. The full prompt for this migration, including the concept mapping between Fireblocks payout instructions and BlindPay's quote-then-execute model, is at [migrate from Fireblocks](/prompts/migrate-from-fireblocks). Start with the [introduction](/docs/introduction) and [POBO/COBO over SWIFT](/pobo-cobo-swift) docs before writing code, and develop against a BlindPay development instance first so nothing touches real funds until the mapping is verified.

## Methodology and sources

This comparison is built from Fireblocks' public pages as of September 2026, including [fireblocks.com](https://www.fireblocks.com), its [pricing page](https://www.fireblocks.com/pricing), [products/payments page](https://www.fireblocks.com/products/payments), [stablecoin infrastructure page](https://www.fireblocks.com/solutions/stablecoin-infrastructure), and [network directory](https://www.fireblocks.com/platforms/fireblocks-network/directory), plus BlindPay's own docs and pricing page. For a wider view of the category, see [best stablecoin APIs in 2026](/resources/more/best-stablecoin-apis-2026), which compares ten providers including both BlindPay and Fireblocks. Where a Fireblocks capability was not stated on the pages reviewed, this page says so rather than guessing. Flag anything you believe is out of date at [contact](/contact).

*This page is general information, not legal, tax, or financial advice. Fireblocks is a trademark of its owner; BlindPay is not affiliated with Fireblocks.*

## BlindPay vs Fireblocks FAQ
### Is BlindPay a replacement for Fireblocks?
For the payout, yes; for custody, no, and by design. BlindPay does not offer MPC wallet infrastructure, so Fireblocks stays as the vault. BlindPay is the step after custody: converting stablecoins to local currency and paying it out over Pix, SPEI, ACH, or SWIFT on a named rail, with compliance in the call, tracking on every transfer, and a published price, none of which Fireblocks' payments pages specify.

### Can I use BlindPay and Fireblocks together?
Yes. A common pattern is holding and securing stablecoins in Fireblocks, then sending them to BlindPay to convert to local currency and pay out to a bank account. In practice that means sending stablecoins from a Fireblocks vault to a BlindPay wallet address, then triggering the payout through the API.

### Which is cheaper, BlindPay or Fireblocks?
BlindPay's plans and per-transaction fees are on its pricing page, with transparent FX and no pre-funding, so the payout leg is one published fee layer. Fireblocks prices its custody platform on its own pricing page, and fiat conversion through a network partner adds that partner's fee on top, so a Fireblocks-only payout stack has two fee layers to add up, one of them unpublished. Compare the delivered amount on your actual corridor and volume, not the headline rate.

### How long does it take to migrate from Fireblocks to BlindPay?
Migration here is really an addition: BlindPay takes the payout leg while Fireblocks keeps custody, so no wallet migration is needed. The work is re-onboarding payees on BlindPay, mapping payout instructions to BlindPay quotes and executions, and wiring up webhooks, which typically takes days once compliance review clears.

### Does BlindPay support the corridors Fireblocks reaches through its network partners?
BlindPay operates its own rails directly in the corridors it covers: Pix and TED in Brazil, SPEI in Mexico, PSE in Colombia, Transfers 3.0 in Argentina, ACH, RTP, domestic wire, and SWIFT in the United States, and SEPA across 40 SEPA-zone countries in Europe. Fireblocks reaches a wider claimed footprint through its network of more than 2,400 counterparties, 11 of them named partners as of September 2026; confirm any corridor outside BlindPay's list on Fireblocks' own network directory.

### Can I use BlindPay without holding stablecoins myself?
Yes, through virtual accounts: a payer sends local fiat to a BlindPay-issued account, it auto-converts into a stablecoin wallet, and that balance funds payouts, so neither you nor your customer needs to buy stablecoins on an exchange. Payouts themselves are funded from USDC or USDT, which is what BlindPay converts to local currency.

## Links
- All comparisons: https://blindpay.com/compare
- Pricing: https://blindpay.com/pricing
- Docs: https://blindpay.com/docs/introduction
- Migrate from Fireblocks with a coding agent: https://blindpay.com/prompts/migrate-from-fireblocks
- Fireblocks: https://www.fireblocks.com