The Circle Payments Network (CPN) will connect financial institutions and enable real-time settlement of cross-border payments using USDC, EURC and other regulated stablecoins. CPN will enable connectivity to domestic real-time payment systems worldwide and is expected to power use cases like supplier payments, remittances, payroll, capital markets settlement, internal treasury operations and on-chain financial applications.
“Since our founding, Circle’s vision has been to making moving money as simple and efficient as sending an email,” Circle Co-founder, Chairman and CEO Jeremy Allaire said in the release. “CPN is a significant step in making that vision a reality for businesses worldwide.”
