OpenPayd Integrates with Circle Payments Network for Near-Instant Global Fiat Payments

OpenPayd has integrated its platform with Circle Payments Network (CPN) to enable businesses to make near-instant global fiat payments. The integration allows OpenPayd's clients to utilize CPN's stablecoin infrastructure while continuing to send and receive familiar fiat currencies, combining the speed of blockchain settlement with the reach of global banking rails.

CPN connects financial institutions worldwide through a coordination layer that enables cross-border payments using regulated stablecoins like USDC and EURC. This integration is already powering payments across various global corridors, such as euros to Brazilian real and pound sterling to Mexican pesos, which can now settle near-instantly.

Irfan Ganchi, Senior Vice President of Product Management, Payments at Circle, emphasized that OpenPayd's integration with CPN extends cross-border payment capabilities to businesses through a single API connection. This enables near-instant fiat settlement across global corridors using stablecoin infrastructure behind the scenes.