Ivy, a prominent instant bank payment platform, has announced a strategic partnership with Circle, the issuer of leading stablecoins USDC and EURC. This collaboration enables Ivy's clients—including crypto platforms, trading applications, and global e-commerce merchants—to access, convert, and transact using stablecoins in real time, around the clock.
Through Ivy’s advanced API, businesses can now accept instant bank transfers and manual bank payments. Funds can be settled to local collection accounts across Europe in multiple currencies, including EUR, GBP, USD, SEK, and DKK. More importantly, these fiat currencies can be seamlessly converted into EURC or USDC stablecoins. Additionally, the platform supports payouts in both traditional fiat and digital stablecoins.
How the Ivy-Circle Partnership Benefits Businesses
Real-Time Conversion and Settlement
The integration allows for instant conversions between fiat money and stablecoins. This capability is especially valuable for businesses engaged in cross-border transactions, as it reduces waiting times and minimizes exposure to currency volatility.
👉 Explore real-time conversion tools
Multi-Currency Support and Flexibility
Companies operating in Europe can now settle payments in five major fiat currencies before converting them into stablecoins. This eliminates the need for maintaining multiple banking relationships across different countries and simplifies the treasury management process.
Enhanced Transparency and Trust
Circle’s stablecoins, USDC and EURC, are fully reserved and redeemable 1:1 for US dollars and euros, respectively. Their reserves consist of highly liquid assets held at regulated financial institutions, with monthly public attestations provided for transparency. This offers Ivy’s customers an additional layer of trust when using digital currencies for settlements.
The Growing Role of Stablecoins in Global Payments
Stablecoins are rapidly transforming the financial landscape. Recent data shows that global stablecoin payment volumes have reached $27.6 trillion—surpassing the combined transaction volume of major card networks in 2024. This growth underscores the rising demand for faster, cheaper, and more accessible cross-border payment methods.
Traditional payment systems often involve delays, high fees, and operational inefficiencies. The integration of real-time payment rails—like those offered by Ivy—with trustworthy stablecoins creates a powerful synergy. It enables businesses to transact seamlessly without the limitations of legacy banking infrastructure.
Frequently Asked Questions
What stablecoins are supported through Ivy’s partnership with Circle?
Ivy users can convert fiat currencies into USDC and EURC. These are fully backed digital dollars and euros that can be redeemed at a 1:1 ratio for their underlying fiat currencies.
How can businesses use this integration?
E-commerce merchants, crypto exchanges, and trading apps can accept instant bank payments, settle funds in multiple currencies, and convert balances into stablecoins for real-time, cross-border transactions. Payouts can also be made in either fiat or digital currencies.
What are the benefits of using stablecoins for settlements?
Stablecoins enable faster settlement times, lower transaction costs, and reduced currency risk. They operate 24/7, providing greater flexibility compared to traditional banking hours.
Is USDC a safe and regulated stablecoin?
Yes, USDC is issued by Circle, a regulated financial company. Each USDC is backed by cash and short-duration U.S. Treasuries, with monthly third-party attestations confirming reserve adequacy.
Which fiat currencies can be converted into stablecoins via Ivy?
The supported currencies currently include EUR, GBP, USD, SEK, and DKK. This allows European and international businesses to operate with minimal friction.
Can companies receive payouts in stablecoins?
Absolutely. Businesses can choose to receive payments in fiat or directly in USDC or EURC, offering greater flexibility in managing liquidity and treasury operations.
Setting a New Standard for Global Payments
This partnership highlights a shared vision for upgrading how money moves worldwide. By combining Ivy’s real-time payment capabilities with Circle’s compliant and transparent stablecoins, the two companies are paving the way for a more efficient and inclusive financial ecosystem.
👉 Learn more about advanced payment strategies
The collaboration allows merchants to instantly mint stablecoins from fiat or redeem them back around the clock. This functionality is critical for businesses that operate internationally and require continuous access to liquidity. As adoption grows, such integrations are expected to drive further innovation in both traditional and digital finance.