Circle Unveils Real-Time Stablecoin Payment Network
Circle has officially launched the mainnet for its Circle Payments Network (CPN), a blockchain-powered system designed for real-time cross-border payments and settlements using its stablecoin, USDC.
Built to streamline business-to-business transactions, cross-border remittances, enterprise treasury operations, and payroll disbursements, CPN aims to modernize the fragmented and slow $190 trillion global payments industry.
Initial participants include Alfred Pay, Tazapay, Conduit, and RedotPay—companies operating across Latin America and Asia, helping establish USDC payment corridors in regions with high demand for faster, more transparent financial infrastructure.
Enhanced Payments Infrastructure
Circle’s network allows financial institutions to exchange payment instructions securely via a blockchain-native coordination protocol, ensuring instant USDC settlements. Through APIs and webhooks, participants gain real-time visibility into transaction and compliance statuses.
Beyond speed, Circle highlights that the CPN prioritizes programmability, transparency, and 24/7 accessibility, positioning it as a key step toward a broader shift to blockchain-based financial systems.
The company plans to expand the network throughout 2025 to additional regions, including Nigeria, the EU, UK, Colombia, India, the UAE, China, Turkey, the Philippines, Vietnam, and Argentina.
