# Circle Launching New Payments Network for Banks

*Author: Bankless*
*Published: Apr 21, 2025*
*Source: https://www.bankless.com/fr/read/circle-launching-new-payments-network-for-banks*

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Circle unveils a payments and remittance network targeting global banks and fintechs, aiming to challenge traditional finance giants, [CoinDesk](https://www.coindesk.com/business/2025/04/21/stablecoin-giant-circle-is-launching-a-new-payments-and-remittance-network) reports.

## **What’s the Scoop?**
- **Launch Announcement**: Circle unveiled its global payments and remittances network at its New York headquarters in One World Trade Center.
- **Target Audience**: The product is aimed at banks, fintechs, payment service providers, remittance platforms, and USDC’s strategic partners.
- **Competitive Ambitions**: Circle aims to rival traditional players like Mastercard and Visa in global money transfers using stablecoin technology.
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