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How HIFI Offers Global Payouts with USDC, CPN, and CCTP

Blog post from Circle

Post Details
Company
Date Published
Author
Corey Cooper
Word Count
1,379
Language
English
Hacker News Points
-
Summary

Circle Internet Financial and HIFI are collaborating to simplify global stablecoin payouts and cross-chain payments using USDC, enabled by the Cross Chain Transfer Protocol (CCTP) and Circle Payments Network (CPN). This integration allows developers to create modular, secure, and programmable money movement systems, addressing the complexities of bridging funds and managing liquidity across multiple chains. Developers can utilize HIFI’s APIs to streamline global payouts, treasury operations, and stablecoin payments, reducing manual workflows and operational risks. The CCTP is pivotal in HIFI’s architecture, offering fast and secure USDC transfers across various blockchains, including Ethereum, Polygon, and Solana, and supports both EVM and non-EVM chains. This system enables developers and institutions to build scalable and flexible payout workflows, facilitating the expansion of stablecoin payouts without extensive integration work. The partnership aims to provide a unified platform for efficient money movement globally, enhancing the capabilities for developers to manage cross-border payments with confidence.