Circle partners with Nium to connect USDC settlement to global payout rails
The Block
Circle is partnering with Nium to integrate USDC settlement with global payout infrastructure, streamlining cross-border payments for financial institutions.Summary
Circle has partnered with the global payments platform Nium to connect its USDC-powered Circle Payments Network (CPN) to Nium's payout infrastructure. This collaboration enables financial institutions to use USDC for settlement and route payments to over 190 countries and 100 currencies through a single integration. By combining Circle's regulated stablecoin settlement with Nium's extensive payout reach, the partnership aims to improve speed, transparency, and capital efficiency while eliminating the need for fragmented providers or complex prefunding processes.
(Source：The Block)