Circle rolls out USDC payments platform that lets users pay without holding stablecoins
The Block
Circle launched CPN Managed Payments, allowing firms to leverage stablecoin efficiency without needing to hold USDC themselves.Summary
Circle has introduced CPN Managed Payments, a new platform designed to help financial institutions and fintechs utilize blockchain-based payment rails. By managing the digital asset lifecycle, including minting, burning, and compliance, Circle enables partners to benefit from the speed and efficiency of stablecoins while continuing to operate exclusively in fiat currency. This initiative aims to reduce cross-border settlement costs and simplify the adoption of USDC for institutions.
(Source：The Block)