Financial infrastructure provider OpenPayd has joined forces with Circle, issuer of the USDC stablecoin. 

The collaboration combines traditional banking systems with blockchain networks, facilitating global business transactions  

OpenPayd said that by using Circle Wallets infrastructure, it plans to offer its enterprise clients the ability to conduct transactions across various financial networks “at scale and in real time”.  

The service will include the conversion between fiat currencies and USDC, aiming to enhance liquidity access, reduce settlement costs, and introduce new applications in payment processing, treasury operations, and digital asset services. 

OpenPayd processes over €130bn annually and is expanding its capabilities to support transactions involving stablecoins. 

The company’s platform is designed to be indifferent to the underlying payment rails and offers an API-based integration for embedding financial services into client products.  

Circle Partnerships & Business Development VP Sanja Kon said: “OpenPayd’s scale and deep infrastructure expertise make them an essential partner in expanding access to USDC and advancing real-world stablecoin utility. Together, we’re building the foundation for a more open, efficient, and inclusive global financial system.” 

OpenPayd chief executive Iana Dimitrova stated: “Stablecoins will be foundational to the next era of financial services, and our partnership with Circle positions us, and our clients, at the centre of that transformation. By expanding access to USDC across our platform, we’re extending our vision of becoming the universal financial infrastructure for a truly digital global economy.” 

Last month, SCRYPT, a Swiss-licensed crypto solutions provider, selected OpenPayd to support its Euro payment infrastructure.