OpenPayd and Circle Payments Network Unite for Near-Instant Global Fiat Payments

London-based OpenPayd has integrated its platform with Circle Payments Network (CPN) to enable businesses to make near-instant global fiat payments. The integration brings together OpenPayd's stablecoin infrastructure and CPN's coordination layer, which connects financial institutions for cross-border payments.

The collaboration allows businesses to use familiar fiat currencies while benefiting from the speed of blockchain settlement. For example, payments from euros to Brazilian real and pound sterling to Mexican pesos can now settle near-instantly.

Michael Treacy, Director of Business Development at OpenPayd, said: 'Our integration with Circle Payments Network is about making next-generation payments practical for businesses.'