OpenPayd Integrates Circle Payments Network for Faster Cross-Border Fiat Payments

TheNewsCryptoPubblicato 2026-08-25Pubblicato ultima volta 2026-08-25

Introduzione

Financial infrastructure provider OpenPayd has integrated with the Circle Payments Network (CPN) to offer businesses faster cross-border fiat payments. The service uses stablecoins like USDC and EURC for near-instant settlement behind the scenes, without requiring businesses to manage blockchain technology directly. Companies can continue sending and receiving traditional currencies through OpenPayd's existing platform, while CPN coordinates the settlement between financial institutions using regulated stablecoins. The integration currently supports corridors such as euro to Brazilian real and British pound to Mexican peso, aiming to make stablecoin-based payments more practical and simplify international money movement through a single connection.

OpenPayd, a financial infrastructure provider, has integrated with Circle Payments Network (CPN) to enable near-instant cross-border fiat payments for businesses. The integration uses stablecoin infrastructure for settlement, without requiring businesses to manage blockchain technology directly.

This allows businesses using OpenPayd to send and receive fiat currencies, while stablecoins such as USDC and EURC are used to support settlement. It connects blockchain-based settlement with existing banking and local payment networks.

Connecting Fiat Payments With Stablecoin Infrastructure

Circle Payments Network acts as a coordination layer between financial institutions involved in cross-border payments. It helps participating institutions coordinate payment and settlement flows using regulated stablecoins while connecting with existing financial infrastructure.

For businesses, this means they can continue working with traditional fiat currencies while accessing the faster settlement capabilities provided by stablecoin infrastructure. OpenPayd said the integration is available through its existing platform, reducing the need for businesses to build separate blockchain payment systems.

The service is already supporting international payment corridors. These include transactions moving from euros to Brazilian real and from British pounds to Mexican pesos, allowing businesses to move money between different fiat currencies with settlements taking place in near real time.

Irfan Ganchi, Senior Vice President of Product Management, Payments at Circle, said the integration gives businesses access to CPN through a single API connection and allows stablecoin infrastructure to operate behind their existing payment experience.

Michael Treacy, Director of Business Development at OpenPayd, said the integration is intended to make stablecoin-based payments more practical for businesses. He noted that customers can use the infrastructure while continuing to make payments in the fiat currencies they already work with.

The partnership adds stablecoin settlement to OpenPayd’s existing financial infrastructure, which includes domestic and international payment rails. For businesses operating across multiple markets, the integration could simplify cross-border money movement by bringing different payment technologies together through a single platform.

TagsCircleCross-Border paymentsOpenPaydUSDC

Domande pertinenti

QWhat is the purpose of OpenPayd's integration with the Circle Payments Network (CPN)?

AThe purpose of the integration is to enable near-instant cross-border fiat payments for businesses by leveraging stablecoin infrastructure for settlement, without requiring businesses to directly manage blockchain technology.

QWhich stablecoins are mentioned as being used to support settlement in this integration?

AThe stablecoins mentioned are USDC and EURC, which are used to facilitate and support the settlement process behind the scenes for fiat currency transactions.

QHow does the Circle Payments Network function in cross-border payments according to the article?

AThe Circle Payments Network acts as a coordination layer between financial institutions. It helps coordinate payment and settlement flows using regulated stablecoins while connecting with existing financial infrastructure like banking and local payment networks.

QWhat are some examples of international payment corridors supported by this service?

AThe service supports transactions from euros to Brazilian real and from British pounds to Mexican pesos, allowing businesses to move money between these different fiat currencies with near real-time settlement.

QHow does the integration benefit businesses in terms of their existing operations?

ABusinesses can continue working with and making payments in their traditional fiat currencies. They access faster settlement through the stablecoin infrastructure via a single API connection on OpenPayd's existing platform, eliminating the need to build separate blockchain payment systems.

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