Circle Launches CPN Managed Payments for Banks and PSPs to Settle in USDC Without Holding Crypto

Apr 9, 2026

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Circle launched CPN Managed Payments on April 8, 2026, giving PSPs and banks access to USDC settlement without holding digital assets. USDC has processed over $70 trillion in cumulative onchain settlement, signaling major institutional demand for stablecoin infrastructure. Thunes and Worldline are among the first partners, with Circle targeting 20-plus blockchain rails for global fiat payout corridors. Circle Brings USDC Settlement to Banks With New Managed Payments Platform

Circle is launching CPN Managed Payments alongside several global partners. Veem and other payment service providers are already exploring use cases on the network.

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