Stablecoin Giant Circle Is Launching a New Payments and Remittance Network

Circle Plans Stablecoin-Powered Cross Border Payments Network

Circle Internet Group Inc., the issuer of the second-largest stablecoin, is launching a payments network designed to allow financial institutions and technology firms to settle cross-border transactions in stablecoins, according to people familiar with the matter who asked not to be identified sharing non-public plans.

Stablecoin Giant Circle Is Launching a New Payments and Remittance Network

Circle is unveiling a new payments and cross border remittance product on Tuesday, from the firm’s One World Trade Center headquarters, according to an invite to the launch event.

Circle rolls out global payment network for banks and FinTechs

Circle, a global FinTech firm, has announced the launch of Circle Payments Network (CPN), a new initiative designed to connect a wide range of financial institutions and enable real-time cross-border payments through regulated digital assets. The launch of CPN comes in response to ongoing challenges in cross-border payments. Despite technological advances, such transactions still frequently take over one business day and cost more than 6%, accor…

XRP Ledger (XRPL) Gets New Competitor In Digital Payments

The competition in blockchain-based financial infrastructure just intensified. Circle, the company behind the widely adopted USDC and EURC stablecoins, has unveiled its Circle Payments Network (CPN)—a blockchain-native system designed to enable real-time, cross-border payments for banks and financial institutions. With this launch, XRP and its underlying ledger, the XRPL, may be facing their most prominent challenger. All Things XRP, a well-know…

CoinStats - Circle Launches Real-Time Payment Platform fo...

The post Circle Launches Real-Time Payment Platform for Global Transfers appeared first on Coinpedia Fintech News Circle has introduced a new payment platform aimed at simplifying cross-border transactions. The platform will connect financial institutions, banks, and digital wallets, allowing them to send and receive payments in real time. It supports regulated stablecoins like USDC and EURC, making international transfers faster, cheaper, and m…

Circle Announces Payments Network - Markets Media

Circle Internet Group, a global financial technology company and stablecoin market leader, announced Circle Payments Network (CPN) to connect financial institutions – banks, neo-banks, payment service providers, virtual asset service providers and digital wallets – and enable real-time settlement of cross-border payments using regulated stablecoins. CPN marks the next chapter in Circle’s evolution, extending beyond trusted stablecoins and develo…