OpenPayd partners with First Digital to power stablecoin rails

By Vriti Gothi

OpenPayd has partnered with First Digital to provide fiat banking and payments infrastructure supporting the latter’s expanding digital asset ecosystem, including on- and off-ramping for its FDUSD stablecoin.

Under the integration, First Digital gains access to USD accounts via the SWIFT network, enabling cross-border deposits and outbound payments for institutional clients. The partnership also introduces EUR settlement through SEPA, facilitating business-to-business payment flows across Europe. By consolidating these capabilities within a single infrastructure layer, the company aims to streamline the interaction between fiat and digital asset transactions.

The development comes as institutional interest in stablecoins continues to grow alongside clearer regulatory frameworks in key markets. While blockchain-based systems enable near-instant value transfer, fiat entry and exit points—such as deposits, withdrawals and treasury operations—remain dependent on traditional banking infrastructure. This has elevated the importance of regulated, scalable fiat connectivity for digital asset firms.

Iana Dimitrova, CEO of OpenPayd, said the partnership addresses a critical operational requirement for digital asset businesses. “Digital asset businesses need resilient fiat infrastructure to operate at a global scale. By providing First Digital with USD SWIFT accounts and EUR SEPA connectivity, we’re enabling seamless, regulated fiat settlement to support stablecoin on- and off-ramping and the continued expansion of the digital asset economy.”

Vincent Chok, Founder and CEO of First Digital, emphasised the strategic role of fiat rails in institutional adoption. “As institutional adoption of stablecoins accelerates, the infrastructure connecting fiat and digital assets becomes as critical as the assets themselves. OpenPayd’s USD SWIFT and EUR SEPA connectivity gives FDUSD the regulated fiat rails that global institutions demand,” he said.

OpenPayd’s platform connects businesses to domestic and international payment networks, foreign exchange services, and embedded financial tools via a unified API. The partnership reflects a broader trend in the FinTech sector, where infrastructure providers are positioning themselves as key enablers of convergence between traditional finance and blockchain-based systems.