Berlin, July 2, 2025 — Ivy, the default global, default instant payments platform, has entered into a strategic partnership with Circle (NYSE: CRCL), a leading financial technology firm and issuer of USDC and EURC. This integration enables Ivy's customers to access, convert, and transact with stablecoins in real-time, 24/7/365.
Leveraging Ivy's API, crypto platforms, trading apps, PSPs, and global e-commerce merchants can now accept instant bank payments and manual bank transfers, settle funds to local collection accounts across Europe in multiple currencies (USD, EUR, GBP, SEK, and DKK), seamlessly convert them into USDC or EURC, and issue payouts in fiat or stablecoins. Making Ivy the provider of choice for global merchants looking to access instant payments, banking capabilities, and stablecoin capabilities, all from the same API.
Empowering Near-Instant Settlement with USDC for Global Commerce
USDC is a fully reserved digital dollar, redeemable 1:1 for U.S. dollars, and backed by highly liquid cash and cash-equivalent reserves held at regulated financial institutions. Circle provides monthly attestations of its reserve composition, offering transparency and trust for Ivy's customers. Through its partnership with Circle, Ivy is among the first instant bank payment platforms to enable seamless settlement in USDC or EURC.
Connecting Real-Time Payments and Stablecoins in Europe
According to the World Economic Forum, global stablecoin payment volumes have experienced significant growth, with total transfer volumes surpassing those of Visa and Mastercard combined in 2024, reaching $27.6 trillion. This surge reflects the inefficiencies of legacy payment systems and highlights the need to connect Europe's real-time payment rails with stablecoins, making payments faster, cheaper, and more accessible.
About Ivy
Ivy is a default global, default instant payments platform and the trusted payments and banking partner for the digital-first economy. Its platform enables businesses to accept and send global real-time bank transactions and open borderless accounts, eliminating the need for cards, wallets, and costly intermediaries with a seamless, one-stop solution. By making local instant payment schemes interoperable through the power of stablecoins, Ivy powers global transactions at internet speed, increasing settlement speed and reducing costs. With offices in Berlin, Munich, London, and Helsinki, Ivy supports global businesses and has secured $30 million in funding from renowned fintech investors like Peter Thiel’s Valar Ventures and Creandum.
Similar Posts
