$USDC Circle to launch a global payment network for settlements using stablecoins.
The issuer of stablecoins USDC and EURC - Circle - announced the launch of the Circle Payments Network (CPN) - a next-generation infrastructure for instant and transparent international payments.
According to the press release, this network will unite banks, neobanks, payment services, digital wallets, and other market participants, allowing real-time settlements using regulated stablecoins.