Jerusalem, 12 September, 2025 (TPS-IL) — Israeli startup lava network has launched its Smart Router technology to support Wyoming’s state-backed stablecoin in partnership with Fireblocks. The system improves blockchain reliability by ensuring high uptime and seamless multi-chain performance, a growing need as stablecoin payments surge worldwide.
Fireblocks, which handles about $200 billion in stablecoin transactions each month, will use the Lava-powered infrastructure to boost security and scalability. “Stablecoins are emerging as the new transaction standard. This demands enterprise-grade infrastructure that is both resilient and regulation-ready,” said Yair Cleper, Lava Network contributor and CEO of Magma Dev.