OpenPayd has gone live on the Circle Payments Network, giving business clients a way to send ordinary currencies across borders in seconds while settlement happens on regulated stablecoin rails in the background.
The London-based infrastructure firm announced the connection on 25 August 2026. Companies that already use OpenPayd can keep paying and receiving euros, pounds, and other familiar currencies.
They do not have to stand up wallets, nodes, or other blockchain systems of their own. The platform pairs traditional banking reach with the speed of on-chain settlement through a single API.
Circle Payments Network, or CPN, is a coordination layer rather than a bank. Circle Technology Services, an affiliate of Circle Internet Group, runs the network.
It links participating financial institutions so they can orchestrate cross-border flows with regulated tokens such as USDC and EURC, then complete the last mile over local payment systems and correspondent banking rails. Circle’s operator does not hold customer funds and is not a party to the underlying transfers.
Live corridors already include euro-to-Brazilian real and sterling-to-Mexican peso routes, which the companies say now complete in near real time.
That is the practical pitch: the sender and receiver stay in fiat, while stablecoins move value between institutions behind the scenes.
Irfan Ganchi, Circle’s senior vice president of product management for payments, said the hookup extends faster international settlement to OpenPayd clients through one integration.
Connecting to CPN, he argued, cuts the need to stitch together several payment stacks so firms can keep using the currencies they already operate in.
Michael Treacy, OpenPayd’s director of business development, framed the launch as making “next-generation payments practical.”
Clients get the speed of stablecoin infrastructure without changing how they pay counterparties.
He added that programmable money that moves like software could expand the digital economy, and that pairing CPN with OpenPayd’s rails is meant both to accelerate payments today and to support future financial products.
The go-live sits on an earlier relationship.
In June 2025 the two firms announced a broader partnership to combine OpenPayd’s high-volume payment stack with Circle wallet and stablecoin tools, including fiat-to-USDC conversion.
The CPN connection is the point at which that work starts carrying live commercial traffic.
OpenPayd positions itself as rails-agnostic infrastructure for the digital economy.
Founded in 2018, it offers embedded accounts, FX, domestic and international payments, Open Banking, and stablecoin on- and off-ramps through one API. It says it processes more than $280 billion a year for more than 1,200 businesses and lists clients such as eToro, Kraken, OKX, and B2C2.
The company argues that one integration should now cover local schemes, correspondent banking, and stablecoin settlement without a thicket of separate vendors.
For treasurers and platforms that already sit on OpenPayd, the immediate change is operational rather than philosophical: faster corridors without a new crypto stack. Whether the model scales beyond the first routes will depend on how many institutions join CPN and how reliably local payout rails keep pace with on-chain settlement.
