Circle, Nium route USDC settlements to payouts in 190+ countries

Circle Technology Services, an affiliate of Circle Internet Group that operates the Circle Payments Network (CPN), announced Wednesday a partnership with global payouts firm Nium to connect USDC-powered settlement with Nium’s payout rails in more than 190 countries and over 100 currencies via a single integration.

Under the agreement, Nium will join CPN as a global payout partner. Banks, fintechs and enterprises on the network can route USDC settlements on CPN into Nium’s infrastructure and receive local-currency delivery into bank accounts, mobile wallets and payment cards without integrating multiple local providers or maintaining prefunded accounts in each corridor.

The technical flow lets an institution settle in USDC on CPN and pass that settlement into Nium through one integration point. Nium’s network supports payouts denominated in more than 100 currencies and reaches over 190 countries, the companies said.

The partnership targets cases where institutions want fast cross-border settlement combined with traditional local-currency disbursements. The firms stated the arrangement reduces the need for separate local payout contracts and the operational burden of holding liquidity across multiple jurisdictions.

Prajit Nanu, founder and CEO of Nium, described the tie-up as a link between regulated on-chain settlement and broader payout coverage and said it responds to a convergence of traditional and on-chain payment rails. “By partnering with Circle and joining CPN, we are combining Circle's regulated settlement instrument with Nium's global payout reach to deliver a more seamless way for institutions to move money worldwide,” he added.

Circle reported the CPN managed $8.3 billion in annualized transaction volume based on trailing 30-day activity as of March 31. Kash Razzaghi, Circle’s chief commercial officer, characterized the integration as an extension of USDC from a settlement instrument into a full payments flow aimed at improving speed, transparency and capital efficiency. “Financial institutions are increasingly looking for ways to use stablecoins to solve persistent payments pain points,” Razzaghi said.

Circle Technology Services runs the Circle Payments Network as part of Circle Internet Group. Nium provides real-time cross-border payments infrastructure and payout services. The companies described the deal as part of ongoing efforts to connect on-chain settlement tools with off-chain payout capabilities so regulated financial firms can send funds globally while delivering fiat to recipients.