OpenPayd Partners with Circle for Stablecoin Infrastructure
OpenPayd has formed a partnership with Circle to deliver integrated fiat and stablecoin infrastructure services to enterprise clients.
The collaboration connects OpenPayd's payment processing platform, which handles over €130bn (US$150bn) in annual transaction volume, with Circle's USDC stablecoin infrastructure through Circle Wallets.
The partnership enables OpenPayd's corporate clients to convert between fiat currencies and USDC whilst accessing both traditional banking networks and blockchain-based payment systems.
OpenPayd clients will gain access to what the companies describe as faster liquidity access and reduced settlement costs.
Circle operates as a financial technology company and issues USDC through regulated affiliates.
The firm trades on the New York Stock Exchange under the ticker CRCL. OpenPayd provides financial infrastructure services through an API-based platform that processes payments across multiple currencies and jurisdictions.
Infrastructure expansion targets digital economy growth
The partnership represents OpenPayd's expansion into stablecoin services as part of its broader digital economy infrastructure strategy.
The London-based company currently serves over 750 businesses through its platform, which provides embedded payment, foreign exchange, and banking services.
The addition of stablecoin conversion capabilities extends the company's service offering to include programmable digital currency infrastructure.
The collaboration builds on OpenPayd's rails-agnostic approach, which allows businesses to integrate payment services, accounts, and trading functionality into their own products through application programming interfaces.
This approach enables companies to access multiple payment networks through a single integration point.
“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”
Market positioning in stablecoin adoption
Circle's USDC represents one of the largest stablecoins by market capitalisation, with the token designed to maintain parity with the US dollar through reserve backing.
The partnership provides OpenPayd clients with access to USDC infrastructure that operates across multiple blockchain networks.
The integration allows businesses to programme payment flows that incorporate both traditional banking services and blockchain-based transactions.
Companies can use the combined infrastructure to automate treasury operations and access cross-border payment capabilities that operate outside conventional banking hours.
OpenPayd's existing client base includes cryptocurrency exchanges OKX, Bitstamp, and Nexo, alongside trading firm B2C2 and financial services provider Wincent.
OpenPayd maintains banking relationships across multiple jurisdictions, providing clients with access to domestic and international payment networks.
The addition of stablecoin capabilities creates what the companies describe as interoperability between traditional finance and digital asset systems.
Executive commentary on strategic direction
Iana Dimitrova, Chief Executive of OpenPayd, positions the partnership within the context of financial services evolution.
“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,” Iana says.
Dimitrova frames the collaboration as part of OpenPayd's broader infrastructure strategy. “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,” she says.
Circle's partnership approach focuses on expanding USDC adoption through infrastructure providers. Sanja Kon, VP of Partnerships & Business Development at Circle, describes OpenPayd's role in advancing stablecoin utility.
“OpenPayd's scale and deep infrastructure expertise make them an essential partner in expanding access to USDC and advancing real-world stablecoin utility,” Sanja says.
“Together, we're building the foundation for a more open, efficient, and inclusive global financial system.”
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