Fireblocks exec says Dynamic wallets likely power some bank transfers on Fiserv

1 week ago 5



A Fireblocks executive has suggested that crypto wallet technology may already be moving money between banks on one of the US financial system’s better-known payment networks. The catch: the network’s owner hasn’t said a word about it. Itai Turbahn, VP of Embedded Wallets at Fireblocks, said in an interview that Dynamic wallets likely power some bank-to-bank transfers running through Fiserv infrastructure. Fiserv has not confirmed that Dynamic or Fireblocks is involved. What Turbahn actually said The interview was released around October 21, 2026. Turbahn is well placed to know what Dynamic’s wallets are doing, since he co-founded the company before Fireblocks bought it. His claim was specific in one sense and vague in several others. He pointed to interbank transfers on Fiserv’s payment rails as a use case for Dynamic’s technology. He did not name a product. He did not share transaction volumes. He did not offer a timeline for any wider integration. He also stopped short of claiming a direct relationship between Fireblocks and Fiserv. That leaves open a few possibilities. The technology could be in a trial phase. It could be connected to Fiserv indirectly, through a partner that b...

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