PANews reported on April 9th ​​that Circle has launched CPN Managed Payments , a new product targeting banks, payment service providers ( PSPs ), fintech companies, and large technology enterprises. It provides wallets and blockchain infrastructure managed by Circle . Institutions can realize fiat-to-fiat and fiat-to-stablecoin payment flows on the CPN network without having to build their own wallets, operate on-chain infrastructure, or directly handle stablecoin minting, custody, and compliance licenses.