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.What Circle Payments Network isCircle 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.Why this matters for European companiesStablecoins 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.How Circle Payments Network payouts workA 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.NoYesPayments07 Sep, 2026