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5d ago

Circle Unveils Global Payments Network for Real-Time Cross-Border Settlements

The Circle Payments Network, launching in May 2025, aims to modernize global transactions with instant, stablecoin-powered settlements.

CEO Jeremy Allaire's Circle is part of the consortium behind USDC. (Danny Nelson/CoinDesk)
Circle, cross-border payments, remittances

Overview

  • Circle has officially introduced the Circle Payments Network (CPN) at a launch event in New York City, confirming its rollout for May 2025.
  • The network will enable 24/7 real-time cross-border payment settlements using USDC, EURC, and other regulated stablecoins.
  • CPN is designed to support diverse use cases, including remittances, supplier payments, payroll, treasury operations, and capital markets settlements.
  • Over 20 design partners, including dLocal, WorldRemit, BVNK, Yellow Card, and Coins.ph, are collaborating to test and refine the platform.
  • Circle positions CPN as a competitor to traditional payment systems like Mastercard and Visa by offering programmable, always-on digital infrastructure.