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원문 제목: This platform aims to remove intermediaries in stablecoin payments with new integration

Moving away from message-based transfers, its unified infrastructure aggregates real-time FX quotes and enforces compliance standards for institutional flows.

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The pace of life accelerates day by day in current times thanks to the unprecedented connectivity provided by the rise of the internet. The effect is especially felt in finance, where traditional financial systems have struggled to keep pace.

Most TradFi systems are designed for the pre-internet era. For example, SWIFT works by notifying a bank in London that a bank in another country has debited an account. In such a structure, the settlement can take days — a timeframe that may fall short of meeting modern requirements.

Cross-border transactions are haunted by inefficiencies that sometimes turn a simple transaction into a cause for concern. First of all, the process is quite opaque due to the involvement of intermediaries. The sender is not aware of where the funds are, which intermediary is holding them or how much fee is to be paid.

Banking institutions and intermediaries are also subject to business hours, and funds usually sit parked for a while before transactions are settled. Managing long periods of frozen liquidity requires a high level of tolerance, especially for small businesses.

Moreover, each country has its own rail for international payments, such as ACH, SEPA and Pix. Crossing these rails adds a hidden “tax” to the payment process, and requires a manual translation that is slow, prone to error and expensive.

As a result, global commerce is increasinglyshifting toward stablecoins. But these tools do not operate efficiently within the current landscape. The infrastructure to send, settle and convert stablecoins is limited.

OwlPay, a payment platform by OwlTing, targets these inefficiencies with its recent integration.

OwlPay is a licensed payment platform thatserves as a connection point between fiat and stablecoins. The platform recently integrated the Circle Payments Network (CPN) into its core architecture.

CPN is an infrastructure that enables cross-border payments with regulated stablecoins. It offers a system that handles coordination between Originating Financial Institutions (OFIs) — the senders — and Beneficiary Financial Institutions (BFIs), in other words, the receivers.

Removing banking partners and intermediaries from the equation, CPN provides a global infrastructure for stablecoin payments with fiat connectivity.

Welcome@OwlTingto Circle Payments Network (CPN)!OwlTing has officially joined CPN, enabling near-instant settlement with payment stablecoins like USDC across high-growth markets. This unlocks faster, more affordable cross-border flows for:→ B2B payments→ Remittances…pic. twitter. com/YC5uAe5Blq.

For OwlPay, CPN’s introduction marks a shift from just sending messages about money to moving the value itself. CPN will act as a coordination protocol that provides the platform with standardized operational expectations.

With CPN integrated, OwlPay can support:.

Smart routing and discovery:Users can query the network for certain pairs (like USDC/CNY). The network’s routing engine discovers available BFIs and aggregates FX quotes and liquidity in real time. This way, users can choose the fastest and cheapest routes, according to their needs.

Real-time FX quoting:OwlPay can obtain quotes from multiple providers in real time through its application programming interface (API). The obtained rates are locked before the transaction is signed, protecting users from intraday volatility.

Encrypted data exchange:CPN facilitates the secure exchange of beneficiary data, so OwlPay can meet global standards likethe Travel Rule, which requires identifying the sender and the receiver. The relevant information is encrypted by OwlPay and can only be decrypted by the designated BFI. This ensures compliance while staying private.

Deterministic finality:TradFi usually depends on pre-funded accounts to settle cross-border transactions. The practice involves banks parking money in overseas correspondent accounts and settling by adjusting the balances instead of moving funds directly each time. OwlPay utilizes USDC (USDC) to eliminate this requirement. The value is actually transferred, and settlement happens 24/7.

OwlPay Wallet Pro currently supports USDC payments to Brazil, Nigeria, Hong Kong and the European Union. The supported jurisdictions list is planned to expand gradually, with additional regions in the pipeline.

With the integration, OwlPay turns Circle’s production-grade settlement network into a product that people can actually use. CPN’s introduction adds direct OFI/BFI operating roles to a platform with licenses across major jurisdictions and enterprise-grade payment flows.

Once niche tools, stablecoins are swiftly moving from experimentation to mainstream adoption. OwlPay is gearing up for this shift by building compliant, high-throughput settlement rails.

For OwlPay, the direction is clear: fewer intermediaries, faster settlements and cross-border payments that finally move at internet speed.

Disclaimer. This content is part of a paid partnership. The text below is a sponsored article that is not part of Cointelegraph. com editorial content. The material is written by our advertorial team and has undergone editorial review to ensure clarity and relevance, it may not reflect the views and opinions of Cointelegraph. com. Readers are encouraged to conduct their own research before taking any actions related to the company. Disclosure.