The company announced that the network will combine digital wallets, banks, payment services and other market participants, allowing you to conduct real -time calculations using regulated stablecoins.
“CPN is a basic level for the economy without interruptions: it allows trusted institutions to instantly transfer payments across the borders,” said Circle Director Nikhil Chandhok (Nikhil Chandhok).
The network development joined Banco Santander, Deutsche Bank, SOCIété GénéRale And Standard Chartered Bank. Partners are called Flutterwave, Dlocal, Fomo Pay, Coins.ph, Nuvei, Unlimit, and Fireblocks.
On the basis of CPN Circle, he wants to deploy the infrastructure with smart contracts, allowing third parties to develop services and onchain applications for working in the market.
Earlier, Circle sent a notification to the US Securities and Exchange Commission on the first public placement of shares on the Stock Exchange (IPO).
Source: Bits
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