USDC - Circle Payments Network - 22 Apr 2025

The launch of the Circle Payments Network (CPN) is a significant upgrade for the USDC ecosystem, offering real-time global settlements. Financial institutions using CPN can make cross-border payments quickly and cheaply. This network is not only about efficiency but also about the adoption of stablecoins. Such improvements can lead to more widespread use of USDC, potentially increasing its demand and utility. However, as a stablecoin, the price impact may not be as pronounced as with volatile cryptocurrencies. Still, this move strengthens USDC's position in the market. sourceAnnouncing Circle Payments Network!A streamlined way for financial institutions to connect, orchestrating global money movement, powered by stablecoins like USDC and EURC for 24/7 real-time settlement.Existing cross-border payments can be slow and expensive.CPN is designed…