dLocal joins Fireblocks Network for Payments to strengthen fiat–stablecoin rails in emerging markets

Montevideo, Uruguay, September 10, 2025 – dLocal, (NASDAQ: DLO), a leading cross-border payment platform connecting global merchants to emerging markets, announced today it has joined the Fireblocks Network for Payments to simplify how institutions access liquidity providers and on/off-ramp with over 2,400 participants. Fireblocks, the enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, operates one of the largest digital asset ecosystems globally. With dLocal joining the Fireblocks Network for Payments, its local infrastructure across emerging markets becomes part of that ecosystem, while Fireblocks expands its ability for institutions to build robust and scalable stablecoin payment flows.

Despite the rapid adoption of crypto—with the average supply of stablecoins in circulation reaching USD$ 208B this year—bridging fiat and stablecoins remains complex, especially in emerging markets. Global businesses continue to face operational hurdles, high costs, and fragmented local rails when moving between traditional currencies and digital assets.

This integration addresses these challenges by combining Fireblocks’ global scale with dLocal’s deep local infrastructure and expertise in emerging markets. With dLocal on the Fireblocks Network for Payments, institutions gain a trusted partner for on- and off-ramps in emerging markets. For businesses, this means faster access to liquidity, lower operational costs, and the ability to connect with consumers across 40+ markets and 900+ local payment methods.

“Stablecoin adoption is accelerating everywhere, but the real test is making it work in emerging markets, where the frameworks are in constant construction,” said Michael Shaulov, CEO and Co-founder of Fireblocks. “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. Together, we’re enabling global businesses to bridge fiat and stablecoins with confidence.”

“This collaboration is a defining step in bringing stablecoins and traditional finance closer together,” said Pedro Arnt, CEO at dLocal. “By joining Fireblocks Network for Payments, we’re giving thousands of businesses a direct link into the world’s fastest-growing markets, helping them transact more efficiently and gain faster, more reliable access to liquidity.”

About dLocal

dLocal powers local payments in emerging markets, connecting global enterprise merchants with billions of emerging market consumers across APAC, the Middle East, Latin America, and Africa. Through the “One dLocal” concept (one direct API, one platform, and one contract), global companies can accept payments, send payouts, and settle funds globally—without the need to manage separate processors or set up local entities. For more information, visit https://www.dlocal.com.

About Fireblocks

Fireblocks is the world's most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage, and grow their business on the blockchain. With the industry's most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, and trading operations across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges, and custodians. Thousands of organizations trust Fireblocks to secure more than $10 trillion in digital asset transactions across 100+ blockchains. Learn more at fireblocks.com

*Disclaimer: The availability of stablecoin-related services offered by dLocal is subject to applicable laws and regulatory approvals in each jurisdiction. Such services may not be available in all countries and are contingent upon local licensing requirements, regulatory interpretations, and compliance with relevant legal frameworks.