Triple-A Integrates with Circle Payments Network to Support Cross-Border Stablecoin Settlement
Summary
Triple-A, a global financial institution, has integrated with Circle Payments Network (CPN) to enhance its cross-border payout capabilities. This integration allows Triple-A to support stablecoin-to-local currency settlement across key global corridors, benefiting use cases like remittances, payroll, and treasury management. According to Eric Barbier, CEO of Triple-A, the partnership enables “last-mile settlement in USDC on the backend and deliver in local currency through domestic payment systems,” allowing businesses to leverage stablecoin infrastructure without directly managing digital assets. Irfan Ganchi, SVP of Product Management at Circle, stated that Triple-A’s integration expands stablecoin-to-fiat settlement capabilities, streamlining cross-border payment operations for institutions by utilizing established domestic payment rails.
(Source:Globalfintechseries)