Exchanges· ★★★· bullish·

Circle cites 175+ institutions backing Circle Payments Network after Money20/20 award

  • —CPN won bronze in the Payments category at the Money20/20 Money Awards
  • —More than 175 financial institutions are helping build the CPN network
  • —CPN's annualized transaction volume reached $14.7 billion at end-Q2
  • —Circle did not disclose how many institutions actively process payments
Why it matters: CPN expands USDC's role in bank settlement, but without active-participant data the real payment volume remains hard to gauge.
#USDC
Source: crypto.news
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