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Fipto, the regulated infrastructure for B2B payments and treasury powered by stablecoins, has joined Circle Payments Network (CPN) as an Originating Financial Institution. With this step, companies that pay through Fipto can now reach beneficiaries in seven new markets across Latin America and Asia, funding each payment from a USDC balance and settling in local currency on domestic payment rails, often within minutes.
Circle Payments Network connects regulated financial institutions so that money can move between them using USDC as the settlement asset, rather than through chains of correspondent banks. An Originating Financial Institution, or OFI, is a licensed participant that initiates payments into the network on behalf of its clients. As an OFI, Fipto originates payments inside the European Union and settles them through CPN to licensed institutions that convert and pay out in each destination country. The result is a single, regulated path from the point of origination in Europe to final settlement in local currency.
Stablecoins have moved from the margins to the core of cross-border settlement, with more than USD 30 trillion settled on-chain in 2025 (DefiLlama and Forbes, April 2026). Yet paying suppliers, partners and workforces outside the euro area has long depended on correspondent banking. Coverage is uneven, funds are often pre-positioned in destination accounts, pricing is difficult to see in advance, and settlement can take several days. For finance teams, this means capital tied up across corridors and limited visibility over when a payment will actually arrive.
Together, Fipto and Circle Payments Network extend Fipto's reach to seven new currencies across Latin America and Asia, from the Brazilian real to the Singapore dollar, with funds delivered on the domestic rails beneficiaries already use, such as PIX and SPEI. Clients see one all-in rate, fixed at the moment a payment is approved, and can track each payment from origination to payout. In practice, working capital that once sat in pre-funded accounts can be deployed elsewhere, and payments that previously took days can complete within minutes.
A payment begins in the Fipto platform, through the web application or the API, within the workflow clients already use. It is funded in USDC and settled through Circle Payments Network. At the destination, a licensed financial institution converts the USDC into local currency and pays the beneficiary on a domestic rail. Compliance is built into the flow rather than added afterwards: identity and Travel Rule information is collected when a beneficiary is created, and the required data travels with each transaction. Approvals, limits and controls remain within Fipto, and every payment produces a clear record for reconciliation. Because the rate is locked at approval, the amount the beneficiary receives is known before the payment is sent.
Circle is the issuer of USDC, one of the most widely used regulated stablecoins, and operates CPN as the settlement layer between financial institutions. Fipto is licensed as a Crypto-Assets Services Provider under MiCA by the French Financial Markets Authority (AMF) and as a Payment Institution by the French Prudential Control and Resolution Authority (ACPR). Together, the two create a fully regulated chain: a licensed originator in the European Union, USDC settlement across the network, and licensed institutions completing payout at destination. For clients, that combination brings the speed and availability of stablecoin settlement within a framework their compliance and treasury teams can rely on.
"Cross-border payments have waited a long time for infrastructure that is both fast and fully regulated. By joining Circle Payments Network as an Originating Financial Institution, we can now settle payouts from Europe to Latin America and Asia in minutes, within the same regulatory framework our clients already trust. This is what we mean when we say regulated stablecoin infrastructure is becoming the standard for B2B payments, not an alternative to it."— Bertrand Godin, Co-founder & COO of Fipto
"Circle Payments Network is built on regulated institutions that meet the highest compliance standards in their markets. Fipto brings exactly that to the network: a MiCA-licensed and ACPR-regulated originator that extends USDC-based settlement across Europe. Partners like Fipto are how we make near-instant, transparent cross-border payments a reality for businesses on both sides of every corridor."— Spencer Spinnell, SVP Global Payments, Circle
The new corridors cover seven currencies: the Brazilian real (BRL), Mexican peso (MXN), Colombian peso (COP), Singapore dollar (SGD), Hong Kong dollar (HKD), Philippine peso (PHP), and Chinese yuan (CNY). Payouts are delivered on domestic rails, including PIX in Brazil and SPEI in Mexico, so beneficiaries are paid through the systems they already rely on.
Brazilian realBRL |
Chinese yuanCNY |
Colombian pesoCOP |
Hong Kong dollarHKD |
Mexican pesoMXN |
Philippine pesoPHP |
Singapore dollarSGD |
Circle Payments Network is a network of regulated financial institutions that settle payments between one another using USDC, removing the need for a chain of correspondent banks.
An OFI is a licensed participant that initiates payments into Circle Payments Network on behalf of its clients. Fipto acts as the OFI for payments originated in the European Union.
Payouts often settle within minutes on domestic rails, and clients see one all-in rate that is locked when the payment is approved.
Payments are funded and settled in USDC, the regulated stablecoin issued by Circle.
The seven new corridors are available to Fipto clients now. Further currencies will follow as Circle Payments Network expands, extending the same regulated model to additional markets over time. Fipto sees this as one step in a wider shift, in which regulated stablecoin infrastructure becomes a standard part of how companies move money across borders.
To find out how these corridors could work for your payments, speak to the Fipto team.
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Fipto has integrated with Circle Payments Network (CPN), operated by Circle Technology Services, LLC, an affiliate of Circle Internet Group, Inc. (NYSE: CRCL).
