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Deployments · platform by Circle

Circle Payments Network (CPN)Updated 7 Nov 2026

Circle's Payments Network links licensed payment firms and banks so that an originating institution can send a cross-border payment that settles in USDC or EURC on a public blockchain and is paid out in local currency by a beneficiary institution. Mainnet went live in May 2025 with firms such as RedotPay, Conduit, Alfred Pay and Tazapay. By March 2026, 136 institutions were enrolled and annualised payment volume was about $8.3 billion, rising to around $10 billion by early May 2026. Circle's documentation lists 29 supported chains.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 21 May 2025[2] — Production network with real payments among enrolled institutions; Circle still controls admission. · Reviewed 1d ago

Assets
Stablecoin[3]
USDC and EURC as settlement assets
Networks
Ethereum Public, permissionless[3]
Solana Public, permissionless[3]
Base Public, permissionless[3]
Polygon Public, permissionless[3]
Arbitrum Public, permissionless[3]
Avalanche Public, permissionless[3]
Stellar Public, permissionless[3]
XRP Ledger Public, permissionless[3]
Arc Public, permissioned[3]
Use cases
Cross-border payments[4]Payouts[2]
Jurisdictions
Global

Participants

Assets

Metrics

  • ~$8.3bn / yearAnnualised total payment volume · as of 31 Mar 2026[4]
  • ~$10bn / yearAnnualised total payment volume · as of 7 May 2026[4]
  • 136 institutionsEnrolled financial institutions · as of 31 Mar 2026[4]
  • over 200 institutionsEnrolled financial institutions · as of 4 Nov 2026[1]

Timeline

  1. Happened 31 Mar 2026 · Volume milestone · recorded 11 Oct 2026
    Circle reports 136 enrolled institutions and about $8.3 billion of annualised payment volume.[4]
  2. Happened 21 May 2025 · Launch · recorded 11 Oct 2026
    CPN mainnet goes live with a first group of originating and beneficiary institutions.[2]

Sources

  1. [1]Circle Payments Network — Circle. Accessed 7 Nov 2026.B
  2. [2]Circle Payments Network (CPN) mainnet is here: advancing mainstream stablecoin payments globally — Circle, 21 May 2025. Accessed 11 Oct 2026.B
  3. [3]CPN supported blockchains — Circle. Accessed 11 Oct 2026.B
  4. [4]https://www.fxcintel.com/research/reports/ct-circle-q1-2026-earnings — FXC Intelligence, 12 May 2026. Accessed 11 Oct 2026.C
  5. [5]CPN Momentum and Upcoming Roadmap — Circle, 29 Sep 2025. Accessed 28 Oct 2026.B
  6. [6]Circle Payments Network Expands Local Currency Payout Corridors Across Asia, the Middle East, Europe, and the US — Circle, 17 Feb 2026. Accessed 28 Oct 2026.B
  7. [7]Saber Integrates with Circle Payments Network to Strengthen Global Off-Ramp Capabilities — Saber (press release via Bolsamania), 27 Jan 2026. Accessed 28 Oct 2026. Reprint of Saber's Business Wire release (businesswire.com returns 403)..B
  8. [8]Thunes Joins Circle Payments Network Managed Payments to Advance Global Payment Interoperability — Thunes (press release via AAP), 8 Apr 2026. Accessed 28 Oct 2026.B
  9. [9]Hecto Financial整合Circle支付網絡，實現穩定幣支付 — Hecto Financial (PR Newswire release via Taiwan News), 3 Feb 2026. Accessed 28 Oct 2026. In Chinese; our summary is translated.B
  10. [10]Announcing a Payments Network to Transform Money Movement | Circle — Circle, 21 Apr 2025. Accessed 7 Nov 2026.B
  11. [11]Circle Payments Network (CPN) Partners Grow with Stablecoins | Circle — Circle, 25 Jun 2025. Accessed 7 Nov 2026.B
  12. [12]Circle CPN vs Stablecoin Orchestration Networks: What's Different in 2026 | Support — Eco, 21 Sep 2026. Accessed 7 Nov 2026.C
  13. [13]CPN Managed Payments | Circle — Circle, 31 Mar 2026. Accessed 7 Nov 2026.B

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