Masspay expands Circle integration for USDC payouts

On June 9 Masspay expanded its integration with Circle’s Managed Payments to allow businesses to create managed wallets, convert balances into USDC and execute stablecoin payouts without directly handling digital assets.

The upgrade connects Masspay’s platform to Circle’s infrastructure and delivers USDC settlement through a managed service that handles wallet setup, asset conversion and settlement flows. According to Masspay, the arrangement removes many operational and compliance tasks that typically accompany blockchain transactions.

Customers can open dedicated managed wallets, convert account funds into USDC for treasury purposes, and send stablecoin payouts alongside existing channels such as bank transfers, debit cards and digital wallets. The integration is available through Masspay’s single connection to Circle’s network.

Masspay positioned the integration for fintechs, payment service providers, banks and large enterprises that process high volumes of cross-border payouts and want programmable settlement while remaining within conventional compliance frameworks.

Ran Grushkowsky, Masspay’s chief executive, commented in a statement: “The way businesses hold and move money is changing. More and more of our customers are holding stablecoins as a core part of how they manage their finances — not as an experiment, but as an everyday tool.” Irfan Ganchi, Circle’s senior vice president of product management for payments, observed that firms are seeking faster, cheaper and more programmable settlement in core payout operations.

Masspay said the expanded link builds on its prior use of Circle’s network and aims to let customers add USDC settlement without operating digital asset custody. The company now supports bank transfers, debit cards, digital wallet disbursements and stablecoin-native payouts through one integration.

Masspay and Circle noted that stablecoin settlement can shorten settlement times and reduce the number of intermediaries for large, cross-border payrolls, vendor payments and gig-economy disbursements. The companies said the managed service keeps compliance and settlement controls in place while enabling programmable transfers.

The upgrade was announced in Masspay’s June 9 statement and applies to customers using Masspay’s global payouts platform. No changes to pricing or regional availability were included in the announcement.