Circle and Nium Partner to Integrate USDC Settlement into Global Payment Network
Odaily Planet Daily News: Circle Technology Services (an affiliate of Circle Internet Group) and Nium, a global real-time cross-border payment infrastructure platform, today announced a strategic partnership. This collaboration deeply integrates Circle's USDC stablecoin settlement capabilities with Nium's global distribution network covering over 190 countries and 100+ local currencies.
Under the agreement, Nium officially joins the Circle Payment Network (CPN) as a global payment partner. Financial institutions within the CPN can directly access Nium's global payment infrastructure through a single integration point, creating a complete closed-loop process: from USDC on-chain settlement to Nium's real-time currency exchange and then to local currency deposit. Funds can be sent directly to bank accounts, e-wallets, and payment cards worldwide, simplifying cross-border fund flows, reducing upfront capital requirements, and mitigating exchange rate risks for Circle. (Prnewswire)
