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Stablecoin payouts are now available to Circle Mint Singapore partners, a step forward in Circle’s cross-border payments expansion. The launch extends the Payouts API beyond its original US-based entity for the first time, enabling payment service providers, fintechs, and enterprises in Singapore to automate third-party payout workflows through a single platform.
Until now, Circle Mint Singapore partners did not have a native way to send scaled third-party payouts. The Payouts API launch is designed to close that gap for businesses operating across Asia.
With the API, partners can automate payout workflows end-to-end, reducing manual steps in cross-border transactions and lowering operational overhead that has slowed payment processing for regional financial institutions.
The API supports programmable money movement using USDC as the primary payment rail. Circle says this can reduce human error and improve transparency in payout operations.
Circle also described the rollout as aligned with Singapore’s Travel Rule requirements, positioning the service as a compliant route for scaling stablecoin-based transactions across the Asia region.
Circle stated that new partners in the region can onboard to an all-in-one solution that manages the complexity of stablecoin-based payouts.
For existing Asia partners using Circle Mint LLC, Circle said they can migrate to Circle Singapore and continue scaling from a unified platform. The transition is intended to provide regional businesses access to infrastructure already used by US-based Circle partners, while broadening access to USDC for efficient cross-border value transfer.
Singapore is described as a major financial and trade hub, making it a natural entry point for expanding Circle’s global infrastructure network.
Circle cited that cross-border remittance costs still exceed 6% on average, according to a World Bank report. The company framed its Singapore expansion as a response to demand for payment systems that move funds faster and at lower operational cost.
For PSPs and fintechs, the Payouts API is positioned as a more competitive foundation for building payment products. Circle also said the rollout supports USDC as a growing global payment rail for internet-native money movement.
Circle confirmed that additional stablecoin payment capabilities are planned for more regions, partners, and use cases in the future.
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