Circle and Nium link USDC to fiat payouts in 190+ countries

Nium joined the Circle Payments Network on May 27, 2026, connecting Circle’s regulated USD Coin (USDC) settlement to Nium’s global payout infrastructure. The integration routes on-chain USDC settlement into local bank accounts, cards and digital wallets in over 190 countries and about 100 currencies.

The agreement integrates Nium into the payments stack operated by Circle Technology Services LLC. Financial institutions on the Circle Payments Network will be able to send USDC settlement on-chain and have final fiat delivery handled by Nium’s payout rails via a single API connection. Circle continues to provide regulated, compliance-mapped USDC settlement while Nium performs real-time currency conversion and local delivery.

The combined service includes foreign-exchange optimization and smart routing to limit the need for enterprises to contract multiple local payout providers. The firms said the setup can reduce the prefunded cash balances companies often hold to support cross-border treasury and high-volume payouts.

Circle reported that the Payments Network recorded $8.3 billion in annualized transactional volume based on trailing 30-day velocity measured on March 31, 2026. The integration adds fiat payout rails to that settlement layer, allowing institutions to move value on-chain and complete final delivery through established local networks.

Nium is co-headquartered in San Francisco and Singapore and holds regulatory licenses in more than 40 countries. The company issues cards as a principal issuer for major payment brands and processes payouts in roughly 100 currencies across markets in Africa, Asia, Europe and the Americas.

Prajit Nanu, founder and chief executive of Nium, described the partnership as combining Circle’s regulated settlement asset with Nium’s geographic footprint to streamline global capital mobility. Kash Razzaghi, Circle’s chief commercial officer, said the integration transitions the digital-dollar asset from an isolated settlement instrument into a transactional workflow that reaches local banking systems and wallets.

Industry participants have cited the gap between fast blockchain settlement and final delivery into local banking systems as an adoption obstacle. The Circle–Nium link connects on-chain USDC settlement directly to established payout rails for corporates, payment providers and other institutional users that require rapid settlement plus localized fiat delivery.