Masspay Expands Circle Integration With USDC Payouts, Giving Firms New Treasury Options

CN
6 hours ago

  • Key Takeaways:

    • On June 9, Masspay expanded its integration with Circle to allow automated, digital asset-free stablecoin payments.
    • The alliance targets fintechs and B2B enterprises to scale 100% compliant, programmable cross-border payments.
    • Legacy platforms face pressure to shift, as Masspay looks to transition global treasury into fully digital workflows.
  • Global payouts platform Masspay has expanded its integration with Circle Payments Network’s Managed Payments service, enabling businesses to fund and make payments using stablecoins without directly handling digital assets, the company said June 9.

    According to a media statement, the upgrade builds on Masspay’s existing connection to Circle’s infrastructure and allows customers to access USDC‑based settlement through a fully managed service. The model removes the operational and compliance burden typically associated with blockchain transactions by abstracting wallet management, asset conversion, and settlement flows.

    Circle’s Managed Payments product is designed for payment service providers, fintechs, banks, and large enterprises seeking faster and more programmable settlement options while remaining within traditional financial and compliance frameworks.

    Masspay said the expanded integration strengthens its ability to support businesses that increasingly use stablecoins for treasury and payout operations. Customers can now create dedicated wallets, convert balances into USDC for treasury purposes, and send stablecoin payouts alongside existing methods such as bank transfers, debit cards, and digital wallets.

    “The way businesses hold and move money is changing,” Masspay CEO Ran Grushkowsky said in a statement. “More and more of our customers are holding stablecoins as a core part of how they manage their finances — not as an experiment, but as an everyday tool.”

    Irfan Ganchi, Circle’s senior vice president of product management for payments, said Masspay’s expanded use of the network reflects a broader shift among payout platforms. “Payments companies are looking to bring faster, cheaper, and programmable money movement into their core payout operations,” he said.

    For companies managing large, cross‑border payout volumes, stablecoin settlement can reduce reliance on intermediaries and improve speed and predictability, particularly in regions where traditional settlement rails are slow or costly. Masspay now supports bank transfers, debit cards, digital wallets, and stablecoin‑native payouts through a single integration.

    As stablecoins become a more common component of global treasury operations, Masspay said it aims to help businesses transition to digital‑asset‑powered workflows through Circle’s managed infrastructure.

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