Svmuu News: Circle Internet Group's affiliate, Circle Technology Services, and Nium, a global real-time cross-border payment infrastructure provider, today announced a strategic partnership to deeply integrate Circle's USDC stablecoin settlement capabilities with Nium's global distribution network, which covers over 190 countries and 100+ local currencies.
According to the agreement, Nium has officially joined 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 entry point, enabling a complete closed-loop process: from USDC on-chain settlement to Nium's real-time currency exchange, and finally to local currency deposit. Funds can be directly routed to bank accounts, e-wallets, and payment cards worldwide, simplifying cross-border capital flows, reducing prepaid fund commitments and currency exchange risks for Circle. (Prnewswire)