According to official sources, PANews reports on May 21st that Circle has announced the official launch of the mainnet for the Circle Payments Network (CPN), a cross-border payment network driven by stablecoins. This blockchain-based payment coordination protocol enables real-time settlement through USDC, aiming to transform the cross-border payment market. CPN has already supported scenarios such as B2B supplier payments, cross-border remittances, and corporate fund consolidation. The initial partner institutions include Alfred Latam and Tazapay, with a focus on establishing stablecoin payment channels between Latin America and Asia. Circle revealed plans to expand its services to markets including Nigeria, the European Union, and the United Kingdom by 2025.
Circle announces the launch of the cross-border payment network CPN mainnet, enabling real-time settlement through USDC
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