Circle has officially launched the mainnet for its Circle Payments Network (CPN), aiming to revolutionize cross-border payments using real-time $USDC settlements across public blockchains.

Initial partners include Alfred, Tazapay, ConduitPay, and RedotPay, with active corridors now open across Latin America and Asia. The move targets a share of the $190 trillion global payments market.

Circle plans to expand in 2025 into key regions like Nigeria, the EU, UK, India, and the Philippines—highlighting its ambition to become a global stablecoin infrastructure layer.

The real question: can stablecoins finally compete with traditional SWIFT rails at scale?

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