Circle Payments Network

Circle Payments Network (CPN) is a stablecoin-powered payment infrastructure connecting participating financial institutions around the world for seamless, near-instant global money movement. CPN helps financial institutions achieve real-time settlement across previously fragmented networks.

Platform Overview

Operated by Circle Technology Services, LLC (CTS), CPN serves as the technology service provider enabling financial institutions to connect directly, communicate securely, and settle transactions with each other. CPN provides one integration for global stablecoin-powered payments, eliminating the complexity of managing multiple payment rails and correspondent banking relationships.

Key Features

Real-time settlement 24/7: Enable instant money movement around the clock without traditional banking delays or settlement windows.

Global connectivity: Connect to a worldwide network of participating financial institutions through a single integration point.

Stablecoin infrastructure: Leverage USDC and other Circle stablecoins for fast, low-cost cross-border transactions.

Direct settlement: Participating institutions settle directly with each other, eliminating intermediaries and reducing costs.

Secure communication: Enterprise-grade secure messaging and transaction coordination between network participants.

Regulatory compliance: Built for financial institutions with compliance requirements, operating within regulatory frameworks.

Network Structure

CTS does not hold funds or manage accounts on behalf of customers. Instead, CPN enables participating financial institutions to connect directly, with CTS providing the technology infrastructure. Participating institutions use CPN to execute transactions at their own risk, subject to CPN Rules and Participation Agreements.

Use Cases

• Cross-border payments: Instant international transfers without correspondent banking delays
• Real-time remittances: Consumer and business remittances with immediate settlement
• Treasury operations: Institutional treasury and liquidity management
• Payment processing: Enable real-time payment capabilities for bank customers
• B2B payments: Fast business-to-business cross-border transactions

CPN transforms how financial institutions move money globally, providing the rails for the next generation of payment services with stablecoin efficiency and blockchain technology benefits.