Circle Deploys USDC-Powered Blockchain Payments Network to Disrupt $190T Global Market
Circle has launched the mainnet of its Circle Payments Network (CPN), a blockchain-based system designed to transform cross-border transactions using its USDC stablecoin. Targeting the $190 trillion global payments industry, CPN enables real-time settlements for B2B payments, remittances, and payroll processing.
The network launches with partners including Alfred Pay and Tazapay, initially focusing on Latin American and Asian markets where demand for efficient payment infrastructure is high. This represents a strategic MOVE to replace legacy financial systems burdened by fragmentation and delays.