USDC-Powered Circle Payment Network Gains Momentum with RedotPay’s Brazil Integration

USDC News - The Circle Payment Network (CPN), launched in April 2025, is revolutionizing cross-border payments through stablecoins like USDC. Its mainnet became operational on May 21, 2025, with early adopters including fintech companies Conduit, RedotPay, Alfred Pay, and Tazapay. These firms are utilizing CPN to enhance international payments for businesses, remittances, and financial services. RedotPay’s integration on June 2 represents a major advancement, allowing USDC transfers directly to Brazilian bank accounts. This MOVE meets the rising demand for efficient money transfers into Brazil, highlighting the network’s rapid adoption and real-world application. A standout feature is the automatic conversion capability, which further optimizes stablecoin-based cross-border transactions. CPN’s growth reflects the increasing institutional reliance on digital assets for global payment solutions.