Singapore-based fintech firm FOMO Pay has been selected as one of the inaugural global design partners in the newly launched Circle Payments Network (CPN), marking a strategic step toward modernizing cross-border payments using regulated stablecoins.
Developed by global fintech leader Circle, the CPN is designed to enable near-instant international transactions by allowing financial institutions and businesses to settle payments in digital currencies. With its inclusion as a founding member, FOMO Pay is positioned to play a pivotal role in facilitating real-time settlements between fiat and stablecoins, significantly streamlining trade and payment flows across markets.
FOMO Pay CEO Louis Liu said the partnership strengthens the company’s ability to meet growing demand for faster, compliant, and efficient global transactions.
“Our integration with CPN complements our extensive payment and banking rails across Southeast Asia, the Greater Bay Area, the Middle East and North Africa, Europe, and the United States,”
Liu stated.
This development comes as Circle formally unveils the Circle Payments Network, a global infrastructure to transform cross-border money movement. According to Circle, the CPN addresses long-standing inefficiencies in international payments by enabling real-time settlements through regulated digital assets such as USDC and EURC. The initiative further underscores the rising importance of blockchain-based solutions in modern financial ecosystems.
To broaden its international payment capabilities, FOMO Pay partnered with The Bank of New York Mellon Corporation (BNY), a major global financial services provider. This collaboration expands FOMO Pay’s cross-border corridors beyond the U.S. dollar, enabling clients to access British Pound (GBP) and Euro (EUR) transactions through BNY’s direct clearing network.
By leveraging BNY’s access to major clearing systems, FOMO Pay’s corporate clients gain the advantage of faster settlement times, increased transparency, and reduced intermediary costs when sending or collecting payments in USD, GBP, and EUR. Combined with FOMO Pay’s robust digital payment infrastructure, businesses now benefit from near real-time, multi-currency, cross-border settlement that’s both efficient and reliable.
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