Through this agreement, OpenPayd’s API-based payment and banking services will be combined with Circle’s infrastructure for USDC—a dollar-denominated stablecoin issued by regulated affiliates of Circle. This integration aims to enable users to convert between fiat currencies and USDC, thus reducing settlement friction and facilitating near real-time fund transfers.
The partnership is designed to support business use cases such as treasury management, global payouts, and digital asset services according to OpenPayd officials. By incorporating Circle’s Wallets infrastructure, OpenPayd intends to offer enhanced access to liquidity while enabling the movement of funds across both traditional payment networks and blockchain rails.
Focusing on real-time liquidity and blockchain integration
Company representatives emphasized that stablecoins are expected to play a central role in the future of financial services. The collaboration aims to further expand the practical use of stablecoins like USDC by supporting clients operating in both traditional and digital finance environments.
Circle officials view OpenPayd as a strategic partner due to its operational scale and technical capabilities. According to the official press release, OpenPayd processes over 130 billion annually on behalf of more than 750 business clients. The company’s platform supports embedded financial services including account provisioning, foreign exchange (FX), domestic and cross-border payments.
The addition of stablecoin on- and off-ramps is expected to increase the platform’s interoperability between fiat and digital currencies.
