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Corpay, Circle Internet Group Collaborate to Introduce Stablecoin Payments
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Corpay, Circle Internet Group Collaborate to Introduce Stablecoin Payments
Aug 6, 2025 8:56 AM

11:41 AM EDT, 08/06/2025 (MT Newswires) -- Corpay ( CPAY ) said Wednesday it entered a partnership with Circle Internet Group (CRCL) subsidiary to introduce USDC stablecoin settlements across its cross-border payments and card network.

Under the agreement, Corpay ( CPAY ) clients can manage USDC on its platform and fund Corpay ( CPAY )-branded digital wallets for currency conversion, according to a statement.

The collaboration will also enable businesses to fund transactions using USDC, enabling payouts in local currencies in over 80 countries, expected to facilitate faster global operations, the company said.

Corpay ( CPAY ) is also working to enable its commercial card products to draw from USDC balances, where each transaction is authorized on-chain and settled in fiat currency automatically, according to the company.

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