Circle launches CPN Managed Payments to expand stablecoin payment services

CoinFeed reported on April 9th ​​that Circle has launched CPN Managed Payments, a new product targeting banks, payment service providers (PSPs), fintech companies, and large technology enterprises. It provides Circle-hosted wallets and blockchain infrastructure. Institutions can facilitate fiat-to-fiat and fiat-to-stablecoin payment flows on the CPN network without needing to build their own wallets, operate on-chain infrastructure, or directly handle stablecoin minting, custody, and compliance licenses.