According to a statement shared with The Block, Circle announced a partnership with Nium on Wednesday, aiming to connect stablecoin settlement with global payouts. Nium will join the Circle Payments Network (CPN) as a global payout partner, providing financial institutions with direct access to Nium's infrastructure across more than 190 countries and 100 currencies.
The collaboration enables institutions to route USDC-powered payments through CPN into Nium's payout infrastructure via single integration, delivering local currency funds into accounts, wallets, and cards worldwide. The Circle Payments Network manages $8.3 billion in annualized transaction volume as of March 31, reflecting growing institutional adoption of USDC for global payments.