BlockBeats News, June 19, Circle CEO Jeremy Allaire posted on social media, stating, "Each node on the Circle Payments Network (CPN) creates more value for all network participants and enables greater global liquidity for stablecoins and fiat currencies."
It is explained that institutions can use stablecoins such as USDC and EURC to transfer value across the Circle Payment Network (CPN) around the clock without the need to integrate with each individual payment provider.