Partnership aims to streamline cross-border payments for institutions using USDC stablecoin across 190 countries and 100 currencies.
Nium and Circle Internet Group have partnered to integrate USDC-based settlement with global payout infrastructure, targeting institutional clients. The collaboration enables cross-border payments across 190 countries and 100 currencies via a single integration, reducing fragmentation and settlement delays.
The system combines USDC-powered settlement with optimized FX routing and real-time local currency delivery. Circle highlighted growing institutional adoption of stablecoins, citing increased transaction volumes on its payments network as USDC infrastructure scales.
The partnership addresses inefficiencies in traditional cross-border payments, including prefunding requirements. Nium joins Circle’s Payments Network as a global payout partner, enhancing access to last-mile payout rails.