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Circle introduces CPN Managed Payments for banks and fintechs
Circle launched a new product, CPN Managed Payments, which will allow banks, payment providers, fintech companies, and large tech firms to connect to the Circle Payments Network and conduct "fiat-to-fiat" and "fiat-stablecoin" payments without their own crypto infrastructure and digital asset management. Circle will handle transaction processing and compliance issues, and the company expects this solution to accelerate the adoption of CPN by financial institutions worldwide.