OpenPayd Integrates with Circle for Near-Instant Global Fiat Payments
OpenPayd, a leading provider of financial infrastructure, today announced it has integrated with Circle Payments Network (CPN) to bring near-instant cross-border fiat payments to businesses through its universal financial infrastructure.
By integrating CPN into their platform, businesses can now utilise OpenPayd’s stablecoin infrastructure while continuing to send and receive familiar fiat currencies without the need to build or manage blockchain infrastructure themselves, combining the speed of blockchain settlement with the reach of global banking rails.
CPN is a coordination layer that connects financial institutions to support the orchestration of cross-border payments using regulated stablecoins such as USDC and EURC. It enables participants to coordinate settlement and payment flows across existing financial infrastructure, including local payment systems and banking rails. The network is operated by Circle Technology Services, LLC, an affiliate of Circle Internet Group, Inc. (NYSE: CRCL).
The capability is already powering payments across global corridors. For example, payments from euros to Brazilian real and pound sterling to Mexican pesos can now settle near-instantly, demonstrating how businesses can move fiat seamlessly across international markets using stablecoin infrastructure behind the scenes.
Irfan Ganchi, Senior Vice President of Product Management, Payments at Circle, said:
“OpenPayd’s integration with Circle Payments Network extends cross-border payment capabilities to businesses through a single API connection, enabling near-instant fiat settlement across global corridors using stablecoin infrastructure behind the scenes. By connecting to CPN, OpenPayd removes the complexity of managing multiple payment technologies, allowing businesses to transact in the fiat currencies they need while benefiting from the speed of stablecoin settlement.”
Michael Treacy, Director of Business Development at OpenPayd, added:
“Our integration with Circle Payments Network is about making next-generation payments practical for businesses. With today’s launch, we’re delivering exactly that. Clients can now access the speed and efficiency of stablecoin infrastructure while continuing to make global payments in the fiat currencies they already use.
“When money becomes fully programmable and moves like software, it opens a tremendous opportunity to grow the digital economy. By combining the Circle Payments Network with OpenPayd’s universal financial infrastructure, we’re giving businesses access to faster global payments today while building the foundations for the financial services of tomorrow.”
The launch strengthens OpenPayd’s mission to build the universal financial infrastructure for the digital economy. Through a single integration, businesses can access domestic payment rails, international banking networks and stablecoin infrastructure, enabling faster, more efficient global money movement without the complexity of managing multiple providers or payment technologies.
