Berlin-based fintech Ivy has integrated Circle’s USDC and EURC stablecoins into its instant payment platform. This move enables crypto firms, payment service providers, and e-commerce merchants to execute bank payments instantly, settle funds in multiple European currencies, and convert them seamlessly into stablecoins.
Ivy’s platform connects always-on transaction rails with Circle’s USDC—the second-largest dollar stablecoin—and EURC, the largest euro stablecoin, making it one of the first to offer such seamless settlement options.
Stablecoins have become essential in crypto trading due to the industry’s complex relationship with traditional banking. Recently, Circle has expanded its focus on global payments and remittances through the Circle Payments Network (CPN), launched in April following its U.S. IPO.
“Real-time payment rails and stablecoins belong together,” said Ferdinand Dabitz, CEO and co-founder of Ivy. “Hundreds of merchants are already building on Ivy’s global API for instant bank payments. With native support of Circle’s USDC and EURC, our customers can now instantly mint and burn USDC directly from fiat via a 24/7/365 settlement layer.”