BlockBeats News, May 27th, Circle, a financial technology service (an affiliate of Circle Internet Group), announced a partnership with Nium, a global real-time cross-border payment infrastructure platform, aiming to connect stablecoin settlements with a global payment network spanning over 190 countries.

According to the announcement, Nium has joined the Circle Payment Network (CPN) as a global payment partner, providing direct access to its disbursement infrastructure for financial institutions in the network, covering over 100 local currencies. This collaboration enables financial institutions to settle using USDC and seamlessly bring funds into Nium's payment infrastructure through the CPN network in a single integrated format, facilitating the transfer of local currency funds to global accounts, wallets, and cards.