Ivy and Circle revolutionize global payments: the borderless account for Web3 businesses is born

Ivy, the global instant payments platform, announces a strategic partnership with Circle, one of the leading fintech operators and creator of USDC and EURC.

Thanks to this collaboration, businesses operating in the Web3 sector will be able to access borderless bank accounts, with the ability to make native settlements in USDC, instant cross-border payments, and payments in fiat currency or stablecoin.

The integration between Ivy and Circle represents a decisive step towards faster, more inclusive, and transparent finance, responding to a growing demand for efficient payment solutions globally.

A need made even more evident by the recent surpassing of payment volumes via stablecoin compared to credit card giants like Visa and Mastercard.

Ivy and Circle: a new era for instant payments

Through the API di Ivy, crypto platforms, trading apps, payment service providers, and international e-commerce merchants can now accept instant bank payments and manual transfers, with the ability to settle funds into local accounts in Europe in various currencies (USD, EUR, GBP, SEK, DKK).

These funds can be seamlessly converted into USDC or EURC and used for payments in both fiat and stablecoin.

This system makes Ivy the ideal partner for global businesses that wish to access instant payments, banking services, and stablecoin functionalities, all through a single API.

The goal is to simplify and speed up the management of international financial flows, eliminating the need for cards, wallets, and costly intermediaries.

USDC is confirmed as one of the most reliable digital assets: it is fully reserved, convertible 1:1 with the US dollar, and backed by liquid reserves held at regulated financial institutions.

Circle publishes monthly attestations on the composition of the reserves, thus offering maximum transparency and trust to Ivy users.

Thanks to this partnership, Ivy becomes one of the first instant banking payment platforms to enable direct settlements in USDC or EURC, strengthening the position of stablecoins as key instruments for international trade.

According to the World Economic Forum, in 2024 the payment volumes via stablecoin reached 27.6 trillion dollars, surpassing for the first time those of Visa and Mastercard combined.

This data highlights the inefficiencies of traditional payment systems and the growing need to connect European instant payment infrastructures with stablecoin.

Sanja Kon, VP Partnerships & Business Development at Circle Europe, emphasizes how this collaboration “strengthens the utility of USDC and EURC in Europe, offering businesses greater flexibility, speed, and transparency in managing global financial flows.

The real-time conversion between fiat and stablecoin unlocks new efficiencies and accelerates the transition towards a more open and inclusive financial system.”

Interoperability as the key to success

Ferdinand Dabitz, CEO and co-founder of Ivy, highlights the importance of integrating instant payments and stablecoins: “Real-time payment infrastructures and stablecoins are born to work together.

Hundreds of merchants are already building on our global API for instant bank payments. With native support for Circle’s USDC and EURC, our customers can now mint and burn USDC directly from fiat, thanks to a settlement layer active 24/7/365.

The partnership with Circle reflects our shared commitment to setting a new standard for money movement: global and instant by default.” Ivy positions itself as the go-to platform for payments and banking services in the digital world.

It allows businesses to accept and send global bank transactions in real-time and to open borderless accounts, eliminating the need for traditional tools like cards and wallets.

Thanks to the interoperability between different local instant payment systems and the power of stablecoins, Ivy enables global transactions at the speed of the internet, increasing settlement speed and reducing costs.

With offices in Berlin, Munich, London, and Helsinki, Ivy supports businesses worldwide and has raised 30 million dollars from leading fintech investors such as Peter Thiel’s Valar Ventures and Creandum.

A new standard for the global movement of money

The collaboration between Ivy and Circle marks a turning point in the evolution of digital payments.

The integration of stablecoins like USDC and EURC into instant payment processes offers businesses an unprecedented solution to manage international financial flows quickly, transparently, and securely.

In a context where stablecoin payment volumes surpass those of traditional circuits, Ivy’s ability to offer borderless bank accounts and regulations 24/7/365 represents a true revolution for global commerce and the entire digital economy.