USDC (USDC) is a cryptocurrency launched in 2024and operates on the Ethereum platform. USDC has a current supply of 61,499,818,220.3617564. The last known price of USDC is 0.99991503 USD and is up 0.00 over the last 24 hours. It is currently trading on 28965 active market(s) with $8,892,729,832.26 traded over the last 24 hours. More information can be found at https://www.circle.com/en/usdc.
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TL;DR Circle unveiled a new payments network (CPN) that enables near-instant international transfers using stablecoins like USDC and EURC. The system aims to replace traditional processes by eliminating delays and high fees through blockchain technology and 24/7 operation.
The Circle Payments Network will leverage regulated stablecoins led by USDC and EURC. The CPN will connect global banks, and VASPs to outpace legacy systems like SWIFT. Circle Internet Financial, a top-tier stablecoins issuer, announced the launch of Circle Payments Network (CPN), a blockchain-based platform to connect global financial institutions.