The planned launch of Circle's Payment Network (CPN) is announced for May 2025. It is explained that CPN will connect financial institutions and enable real-time settlement of cross-border payments using regulated stablecoins. The potential for faster, lower-cost, and more transparent cross-border payments is highlighted.
The launch of Circle's Payment Network represents a significant development aimed at optimizing the global movement of money and further integrating USDC into traditional financial infrastructure. This initiative could significantly enhance the utility of USDC for businesses and individuals involved in international transactions.