3
Circle today launched Circle Payments Network (CPN) Managed Payments, a stablecoin settlement solution designed to simplify stablecoin transactions for traditional financial institutions, according to a press release from the firm.
The new managed solution is aimed at mainstream TradFi firms, including payment service providers, fintechs, banks, and global enterprises, per the release. The product's core pitch is simplicity: participating firms interact solely in fiat, while Circle handles the the crypto rails in the background, namely $USDC minting and burning, payment orchestration, compliance, and blockchain infrastructure.
Use cases include cross-border settlement, merchant stablecoin acceptance, high-volume payouts, and FX cost reduction, according to the releae. At launch, partners include Thunes and Worldline, alongside payments company Veem.
In recent months, UDSC has overtaken Tether’s USDT, the largest stablecoin by market cap, in terms of monthly transaction volume, per data from Visa and Allium.
The launch comes as stablecoins cement their role as mainstream financial infrastructure. Total stablecoin supply surged 50% in 2025 as enterprise adoption accelerated, with the GENIUS Act creating the first federal U.S. regulatory framework for the sector.
Major institutions have moved quickly: Visa launched $USDC settlement on Solana in December, and the same month, Intuit struck a multi-year deal with Circle to embed stablecoin capabilities across TurboTax, QuickBooks, and Credit Karma.
Meanwhile, last month, Mastercard acquired stablecoin infrastructure firm BVNK with aims to bridge on-chain and fiat rails within the network.
This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.
en.cryptonomist.ch
decrypt.co
