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Circle has announced that it has launched the cross-border payment network CPN Mainnet, achieving real-time Settlement through USDC.
PANews May 21 news, according to official news, Circle announced the official launch of the Circle Payments Network (CPN) mainnet driven by stablecoin. This blockchain-based payment coordination protocol achieves real-time settlement through USDC and aims to transform the cross-border payment market. CPN has supported scenarios such as B2B supplier payments, cross-border remittances, and corporate fund aggregation, with the first batch of partner institutions including Alfred Latam, Tazapay, etc., focusing on opening stablecoin payment channels between Latin America and Asia. Circle revealed plans to expand its services to markets such as Nigeria, the European Union, and the United Kingdom by 2025.