What you can build
Circle provides next-generation payment infrastructure that reduces intermediaries while enhancing transparency, security, and speed. Onchain primitives and built-in compliance underpin Circle payment products such as Circle Payments Network and Managed Payments. Those offerings support stablecoin-based flows for financial institutions and partners. Examples include cross-border settlement, managed payins and payouts, and sub-wallets. You integrate through APIs on your side.Circle Payments Network
CPN connects Originating Financial Institutions (OFIs) and Beneficiary Financial Institutions (BFIs) to enable efficient global payments powered by USDC.Circle Payments Network
Fast, cost-effective, and compliant global payment infrastructure for
financial institutions. Settle cross-border payments with USDC in seconds
instead of days.
Key capabilities
- Cross-border payments: Facilitate international transfers with near-instant settlement and transparent pricing.
- Real-time FX quoting: Get competitive quotes from multiple providers with locked rates to eliminate FX risk.
- Smart routing: Automatically select optimal beneficiary financial institutions based on pricing and operational preferences.
- Built-in compliance: End-to-end encryption for travel rule data and beneficiary information throughout the payment flow.
How it works
CPN enables financial institutions to send cross-border payments efficiently through a four-stage workflow:Quote generation
OFIs request competitive FX quotes from multiple BFIs through a single API call. Rates are locked to eliminate FX risk during the payment process.
Payment creation
After selecting a quote, OFIs create a payment request with encrypted travel
rule data and beneficiary information. BFIs review and approve the payment.
Onchain transaction
OFIs sign and submit USDC transactions to transfer funds to the BFI. CPN
validates and broadcasts transactions, then notifies both parties when
confirmed.
Prerequisites for OFIs
Before onboarding as an Originating Financial Institution, ensure you have:- Access to USDC liquidity
- A custodial solution for USDC and technical capability to interact with blockchains
- Established KYC and AML processes for your customers
CPN is designed for institutional customers. Contact
Circle to learn more about joining the
network as an OFI.
Managed Payments
Managed Payments is a complete stablecoin settlement from Circle. Partners can offer USDC payins, payouts, and sub-wallets for merchants without holding digital assets. Circle holds assets, runs compliance, and handles onchain activity. You integrate through APIs and can stay in fiat at the edge when your product requires it.Managed Payments
Sub-wallets, continuous crypto payins, payouts, fiat funding, and reporting
for partners that need USDC payins and payouts without building custody and
compliance in house.
Dive deeper
- Read the Managed Payments overview and Quickstart: Receive Stablecoin Payins to integrate USDC payins and sub-wallets.
- Follow the CPN OFI integration quickstart to start building with the API.
- Review API integration concepts to understand the CPN workflow and key entities.
- Explore supported blockchains for USDC transfers.
- Read the CPN White Paper to understand the motivation and use cases.