0
0
News

Circle Launching New Payments Network for Banks

Circle unveiled a new payments and cross-border remittance product.
0
0
Apr 21, 2025 • 1 min read

Circle unveils a payments and remittance network targeting global banks and fintechs, aiming to challenge traditional finance giants, CoinDesk reports.

What’s the Scoop?

  • Launch Announcement: Circle unveiled its global payments and remittances network at its New York headquarters in One World Trade Center.
  • Target Audience: The product is aimed at banks, fintechs, payment service providers, remittance platforms, and USDC’s strategic partners.
  • Competitive Ambitions: Circle aims to rival traditional players like Mastercard and Visa in global money transfers using stablecoin technology.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.