Corpay and Circle Collaborate to Expand Stablecoin Access Across Global Payment Channels.

Corpay, Inc. and Circle Internet Group, Inc. are collaborating to expand stablecoin access across global payment channels. They will integrate USDC across Corpay's cross-border pay-in and pay-out rails, enabling businesses to access blockchain's 24/7 settlement and programmability. Clients will be able to access and manage USDC directly through Corpay's platform and fund transactions in USDC with payouts in local currencies across 80+ countries. Commercial cards will also be enabled to draw directly from USDC balances.

Corpay, Inc. (NYSE: CPAY) and Circle Internet Group, Inc. (NYSE: CRCL) have announced a strategic collaboration aimed at integrating stablecoins into global payment channels. The partnership will embed Circle's USDC stablecoin across Corpay's cross-border payment infrastructure, enabling 24/7 settlement capabilities and programmability for businesses utilizing Corpay's services [1][2][3].

Under the agreement, Corpay will integrate Circle Mint and related APIs into its platform, allowing clients to access and manage USDC directly. Clients will be able to fund Corpay-branded digital wallets powered by Circle Wallets, enabling blockchain settlement alongside traditional fiat balances. The collaboration will permit businesses to fund transactions in USDC, with payouts available in local currencies across more than 80 countries. Corpay is also working to enable its commercial card products—including fleet, purchasing, and travel cards—to draw directly from USDC balances, with transactions authorized on blockchain and settled in fiat automatically [1][2][3].

Mark Frey, Group President at Corpay Cross-Border Solutions, stated, "By working with Circle and adding USDC to our funding and disbursement capabilities, we’re giving our clients a new real-time option that complements the payment networks they already trust. This collaboration will unlock programmable controls and 24/7 liquidity without changing the way they transact today." Kash Razzaghi, Chief Business Officer at Circle, expressed that "Working with Corpay represents the next evolution of how businesses move money globally—faster, more transparently, and with the power of blockchain infrastructure" [1][2][3].

Corpay, an S&P 500 company, provides commercial cards and AP automation solutions to businesses worldwide. Circle is a global fintech firm that issues the USDC stablecoin. This collaboration is expected to enhance Corpay's offerings, providing businesses with faster, more transparent, and reliable payment solutions.

References:
[1] https://www.morningstar.com/news/business-wire/20250806399835/corpay-and-circle-collaborate-to-bring-stablecoin-payments-to-global-fx-and-commercial-card-rails
[2] https://www.theglobeandmail.com/investing/markets/stocks/CRCL-N/pressreleases/33922932/corpay-and-circle-collaborate-to-bring-stablecoin-payments-to-global-fx-and-commercial-card-rails/
[3] https://ca.investing.com/news/company-news/corpay-partners-with-circle-to-integrate-usdc-across-payment-networks-93CH-4140158