Circle has unveiled the Circle Payments Network (CPN), a new global infrastructure to transform cross-border money movement by connecting financial institutions through regulated digital currencies.
According to Circle, the CPN eliminates inefficiencies in international payments by allowing real-time settlements using Circle-issued stablecoins such as USDC and EURC. The network aims to tackle long-standing challenges in the traditional cross-border system, where transactions often take more than a day to process and come with high fees — a burden especially felt in emerging markets.
“CPN is a significant step in realizing our vision to make money movement as seamless as sending an email,”
said Jeremy Allaire, Co-Founder and CEO of Circle.
Built for speed, transparency, and compliance, the new network enables banks, digital wallets, payment providers, and other institutions to transact directly. Participants must meet strict licensing requirements, anti-money laundering protocols, risk management, and cybersecurity standards.
Global banking giants, including Deutsche Bank, Société Générale, Standard Chartered, and Banco Santander, are advising on the design of the network. Standard Chartered’s Michael Spiegel praised the initiative, calling Circle’s compliance-first strategy “a game changer” for cross-border transactions.
Circle says CPN will support various use cases, including remittances, payroll, B2B payments, and on-chain financial operations. With smart contract infrastructure and open APIs, the network also offers third-party developers tools to build advanced financial workflows on top of it.
Nikhil Chandhok, Circle’s Chief Product and Technology Officer, called CPN a foundational layer for the “always-on economy,” emphasizing its role in enabling programmable, borderless financial services.
Meanwhile, Circle has launched USDCKit, a new tool for businesses to simplify USDC payment integration. The release was announced on March 27, 2025, amid growing demand for stablecoins like USDC. While adoption is rising in web3 and traditional finance, many companies face technical and compliance barriers—challenges USDCKit aims to eliminate with a streamlined setup.
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