Masspay Enhances Digital Payments with Circle’s USDC Integration
- On June 9, Masspay expanded its integration with Circle to enable automated, digital asset-free stablecoin payments.
- The integration allows businesses to use Circle’s Managed Payments service for USDC-based settlements without handling digital assets directly.
- Masspay aims to support fintechs and B2B enterprises by providing compliant, programmable cross-border payment solutions.
- The service abstracts blockchain complexities like wallet management and asset conversion, easing the compliance burden.
- Masspay now supports a range of payout methods including bank transfers, debit cards, digital wallets, and stablecoin-native payouts through a single integration.
Masspay’s enhanced partnership with Circle reflects a growing trend among businesses to incorporate stablecoins into their treasury operations for faster and more predictable settlements. This move is particularly beneficial in regions where traditional settlement methods are slow or costly.
By expanding its services to include USDC payouts, Masspay strengthens its position in the global payments landscape while reducing reliance on intermediaries for cross-border transactions. (Source)
