Thunes, the Smart Superhighway to move money around the world, today announced it has joined the Circle Payments Network (CPN) Managed Payments. This initiative marks a significant milestone in Thunes’ mission to achieve total interoperability across the global financial landscape, bridging the gaps between traditional banking, mobile wallets, and the digital assets ecosystem.
As part of this alliance, Thunes will enable access to CPN Managed Payments for its customers, enabling stablecoin-powered settlement capabilities while allowing them to continue operating within existing fiat-based workflows. The collaboration underscores Thunes’ ambition to make every payment system, regardless of its underlying technology, fully interoperable, allowing money to move as freely and instantly as information.
A Legacy of Innovation: Thunes and Circle Since 2024
This collaboration builds upon a robust foundation established in 2024, when Thunes and Circle first joined forces as early adopters of stablecoin-powered liquidity. Since then, the two companies have worked to integrate USDC into Thunes’ Direct Global Network, transforming how liquidity is managed across more than 140 countries.
By utilising USDC for near real-time settlement, Thunes has successfully eliminated the constraints of traditional banking hours and the need for heavy pre-funding in local “nostro” accounts. For Thunes’ Members, including banks, gig economy platforms, and money transfer operators, this has translated into:
- 24/7 Prefunding: Enabling round-the-clock liquidity management and real-time funding regardless of banking hours.
- Capital Efficiency: Freeing up millions in working capital previously trapped in dormant accounts.
- Unrivaled Reach: Seamlessly connecting 12 billion mobile and stablecoin wallets and bank accounts to the speed and transparency of blockchain rails.
Chloé Mayenobe, Deputy CEO at Thunes, said, “Joining CPN Managed Payments is the natural next step in our journey to make the world’s payment systems truly interoperable. Our goal has always been to remove the borders from money movement. By deepening our long-standing collaboration with Circle, we are ensuring that whether a customer uses a traditional bank account in Europe, a mobile wallet in Africa, or digital assets in Asia, the experience is fast, secure, and invisible. We are building the bridge between these universes to support the future of the global economy.”
Nikhil Chandhok, Chief Product and Technology Officer at Circle, said: “Thunes brings deep expertise in global payment connectivity and operational scale. Their experience operating across diverse payment ecosystems provides valuable input as we continue to develop the Circle Payments Network and expand access to stablecoin-powered settlement for financial institutions globally.”
