Fireblocks CEO Michael Shaulov on NYSE Live: Powering Western Union's USDPT Stablecoin

Fireblocks Co-Founder and CEO Michael Shaulov joined NYSE Live to discuss the partnership powering Western Union's first stablecoin, USDPT, and what it signals for the next wave of institutional digital asset adoption.

In this conversation with NYSE's Ashley Mastronardi, Michael covers:

00:00 Western Union selects Fireblocks for USDPT

00:45 Modernizing legacy rails built in the 1970s

01:30 How the Fireblocks Network connects on-ramps, off-ramps, and FX partners across 150+ blockchains

02:15 Stablecoins now drive 65% of Fireblocks volume, up from 40% two years ago

03:00 30+ tier-one and tier-two banks in active RFPs

03:45 How banks are using stablecoins to extend existing financial systems

Fireblocks supports $14T+ in digital asset transactions across 150+ blockchains and powers the infrastructure behind payment giants, banks, and exchanges modernizing how money moves.

This clip was featured on NYSE Live: https://tv.nyse.com/today-s-nyse-tv-live/events/today-on-nyse-live-eli-lilly-rings-opening-bell-at-nyse-to-commemorate-150th-birthday

Learn more about Fireblocks: https://www.fireblocks.com

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