Coinspeaker Circle and Pockyt Join Forces to Simplify Global Payments with USDC
Circle, the financial services company behind the popular USDC stablecoin, has partnered with payments platform Pockyt to make international transactions faster, cheaper, and more convenient. According to an official announcement, this collaboration introduces USDC $1.00 24h volatility: 0.0% Market cap: $40.24 B Vol. 24h: $21.49 B to Pockyt’s payment network, allowing businesses to embrace stablecoins for both pay-ins and payouts.
A Step Forward in Cross-Border Transactions
USDC is the second largest stablecoin in the industry with $40.25 billion in market capitalization. The digital asset is backed 1:1 by the US dollar, offering businesses a secure and stable way to handle payments without the fear of devaluation. With the new partnership, Pockyt merchants can now use USDC to cut transaction costs and speed up cross-border payments compared to traditional banking systems.
Mason Lin, Pockyt’s CEO said the integration of USDC into the company’s payment network has given businesses the tools to scale their offerings.
“By integrating USDC, we’re helping businesses overcome the challenges of international transactions. This isn’t just about speed and savings—it’s about giving businesses tools to succeed in a global, digital-first economy,” he said.
For merchants, USDC offers faster settlement times and reduced costs, particularly for international transactions. Consumers, on the other hand, gain access to a system that feels familiar while benefiting from blockchain’s efficiency and reliability.
“Integrating USDC with Pockyt is about more than just payments,” said Kash Razzaghi, Circle’s Chief Business Officer. “It’s about showing how stablecoins can simplify global commerce and make it accessible to everyone.”
Bridging Traditional Payments and Blockchain
In addition to the integration of USDC, the partnership was accompanied by the introduction of Circle’s programmable wallets. These wallets blend traditional payment systems with blockchain innovation, creating what the companies call a “Web2.5” experience.
The integration will enable thousands of Pockyt merchants and over a million users to transition effortlessly between traditional and digital payment methods. With programmable wallets, businesses can access tools that simplify global transactions while paving the way for blockchain adoption.
The alliance between Circle and Pockyt is part of a growing trend where stablecoins and blockchain solutions are becoming more mainstream. By working together, the two companies are not just improving payments—they’re reshaping how businesses approach global trade in a digital world.
Meanwhile, the partnership coincides with Circle’s achievement of becoming the first stablecoin issuer to align with Canada’s newly introduced stablecoin regulations. On Wednesday, Circle announced that it had successfully met the regulatory requirements to list USDC in the Canadian market.
However, this milestone comes amid recent workforce reductions at the company. Circle explained that the layoffs are part of a routine evaluation of its investments and expenditures, aimed at optimizing operations as it continues to expand globally.
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Circle and Pockyt Join Forces to Simplify Global Payments with USDC
