Circle Launches Stablecoin-Powered Cross-Border Payments Network
- On May 21, 2025, Circle introduced a new blockchain-based payment system designed to facilitate real-time cross-border settlements with USDC, initially connecting markets in Latin America and Asia.
- Circle developed CPN to address slow, opaque traditional payment systems by leveraging stablecoins and blockchain to transform global money movement.
- The network supports financial institutions in compliant payments including B2B, payroll, remittances, and treasury functions, with launch partners Alfred Latam and Tazapay focusing on Latin America to Asia.
- As of launch, USDC’s market cap stands at $60.52 billion with a $1.00 price and $12.14 billion in 24-hour volume, while Circle called CPN a "leap forward for global payments infrastructure."
- CPN’s launch implies a significant shift in institutional finance with planned expansion to regions like Nigeria and the EU, potentially increasing competition and prompting regulatory discussions.
12 Articles
12 Articles
Circle Goes Live with the Circle Payments Network
Circle has launched the Circle Payments Network (CPN) to modernize the $190 trillion cross-border payments market with blockchain-based, near-instant settlement. CPN enables financial institutions to securely exchange payment instructions and settle transactions using USDC on public blockchains. Circle’s initial focus with CPN is on high-value, underserved global trade corridors. Stablecoin issuer and infrastructure company Circle unveiled this …
Are stablecoins crypto’s AWS moment?
This is a segment from the Empire newsletter. To read full editions, subscribe. Yesterday I had the opportunity to moderate a panel for American Banker’s virtual stablecoin summit. Obviously, the audience that the panel catered to was more TradFi than crypto, but my panelists included a16z Crypto’s Sam Broner, EY’s Paul Brody, Halliday’s Griffin Dunaif and Superstate’s Robert Leshner, which meant we could cover a wide variety of topics. Anecdot…
INTRODUCING | The Circle Payments Network Mainnet Is Now Live!
Circle has announced a significant milestone for the $USDC stablecoin, and for the future of stablecoin-powered payments. What began as a concept is now live – with the first transactions already processed on the Circle Payments Network (CPN), it’s officially a reality. Cross-border payments make up a $190 trillion market – fragmented, opaque, slow, and manual. Settlements take days, capital remains idle, and transparency is limited. Circle Paym…
Circle Launches Blockchain-Based Payments Network to Speed Up Global USDC Transactions
Circle launched a network that helps businesses send USDC payments faster using blockchain technology. The system lets banks and companies move money quickly across borders without using slow manual steps. Circle plans to expand the network to more countries in 2025 based on clear rules and stablecoin growth. Circle has officially launched the mainnet of its Circle Payments Network (CPN) to improve global stablecoin transactions using USDC. The …
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