Circle Internet Group Inc. (NYSE: CRCL) announced the launch of Circle Payments Network Managed Payments, a platform that allows financial institutions to use stablecoin settlements without directly managing digital assets.

The service enables payment service providers, fintechs, banks and global enterprises to access regulated digital dollar payments while Circle handles the digital asset operations, including USDC minting and burning, payment processing, compliance controls and blockchain infrastructure.

Financial institutions using the platform can settle cross-border transactions with USDC, enable merchant stablecoin acceptance, process high-volume global payouts and reduce foreign exchange costs. The service operates under Circle's existing regulatory licenses without requiring institutions to have direct digital asset exposure.

USDC has processed over $70 trillion in cumulative onchain settlement, with transaction volume approaching $12 trillion in the fourth quarter of 2025, according to company data. The platform connects to more than 20 blockchains and domestic payment systems.

"By combining issuance, liquidity, compliance, and programmable infrastructure into a unified solution, we are enabling financial institutions to embed stablecoin settlement into their existing payment stacks with enterprise-grade reliability and operational readiness," said Nikhil Chandhok, Chief Product and Technology Officer at Circle.

The platform launches with support from global financial institutions including Veem, Thunes and Worldline. Thunes Deputy CEO Chloé Mayenobe said the partnership allows the company to bridge traditional banks, mobile wallets and digital assets through Circle's infrastructure.

The information is based on a company press release statement.