Circle mints $250M USDC on Solana as institutional demand surges for faster, low-cost cross-border blockchain settlements.
Circle Mint's FX service enables near-instant euro-to-USDC conversion for EEA institutions, boosting liquidity and payment speed.
Ivy integrates USDC and EURC APIs for seamless stablecoin settlements, empowering PSPs and fintechs with faster euro onramps.
Circle has minted another $250 million in USDC on the Solana blockchain, signaling growing demand for cross-border payment solutions. This move reflects the rising institutional appetite for fast and cost-effective stablecoin infrastructure. Businesses are turning to blockchain for real-time settlement, and Circle is positioning itself at the heart of this shift.
Circle Mint has become a leading onramp to both USDC and EURC. These stablecoins are available to verified institutional users across specific global regions. The platform enables near-instant fiat conversion with transparent pricing and low costs. Eligible customers can convert dollars and euros directly into USDC and EURC and redeem them 1:1 at any time.
FX Functionality Powers Global Onramps
Besides stablecoin minting, Circle Mint also delivers a standout foreign exchange (FX) service. This feature now allows near-instant euro-to-USDC conversion. The rates offered are highly competitive and usually out of reach for fintech startups and PSPs in the European Economic Area.
Moreover, this functionality is available around the clock. Institutions in the EEA can now bypass slow banking rails. They can use Circle Mint to onramp euros into USDC and EURC quickly and affordably. Hence, this service supports real-time liquidity, streamlines cross-border settlements, and boosts capital efficiency.
Corporate treasuries also benefit greatly from this. They gain tighter control over liquidity and reduce reliance on expensive credit lines. Circle Mint supports efficient euro-to-USDC flows with speed and reliability.
Ivy’s Integration Strengthens Infrastructure
Additionally, Ivy has integrated USDC and EURC into its instant payments system. The platform now allows stablecoin settlements directly via a powerful API. Ivy supports real-time minting and burning of USDC and EURC without involving intermediaries.
Consequently, PSPs and e-commerce platforms across Europe can automate their settlement processes. The Ivy system helps convert fiat into stablecoins instantly and settle payments without delays.
Moreover, the Circle-Ivy connection helps users maintain liquidity, reduce transaction costs, and settle payments faster than ever. This is a major step toward mainstream stablecoin adoption in Europe.
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