Arf, Huma to Join Circle Payments Network for Seamless Cross-Border Stablecoin Payments

Arf, a Swiss liquidity provider, is partnering with Circle Payments Network (CPN) to introduce on-demand credit for cross-border payments, thus eliminating the necessity of prefunding. This collaboration is powered by Huma Finance's PayFi network, aiming to enhance the efficiency of cross-border stablecoin settlements. By providing same-day USDC settlements, the partnership enables institutions to free up working capital and reduce operational costs. The integration also addresses issues in cross-border finance, offering a solution for moving money quickly without immobilizing substantial amounts in prefunding. The stablecoin USDC, issued by Circle, is already experiencing significant adoption in international transfers, with increasing integration among financial institutions. The market for stablecoins is projected to rise dramatically, reflecting the growing reliance on stablecoins in financial transactions beyond mere trading.

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