Circle Payments Network Expands Local Currency Payout Corridors Across Asia, the Middle East, Europe, and the US

Circle Internet Financial's Circle Payments Network (CPN) is rapidly expanding its global presence by introducing new payout corridors in strategic regions including Asia, the Middle East, Europe, and North America. This expansion is facilitated through partnerships with trusted local entities, enabling financial institutions and enterprises to conduct efficient, compliant local currency payouts through a singular network. Notable markets include India, Singapore, the Philippines, the UAE, the US, and the EU, each offering near-instant payout capabilities through established regional payment systems. The network leverages stablecoins like USDC to modernize cross-border payments, supporting a variety of use cases such as remittances, merchant settlements, payroll, and platform payouts. By emphasizing compliance and leveraging regional expertise, CPN aims to reduce operational friction and enhance global payout efficiency, allowing participants to scale with fewer integrations and faster settlement times. Circle Technology Services, LLC operates CPN, connecting financial institutions globally without holding customer funds, ensuring transactions are conducted directly and securely between participants.