dLocal, a prominent payment platform focused on emerging markets, has joined the Circle Payments Network. The integration enables dLocal to leverage Circle's infrastructure for real-time settlement, converting stablecoins to local currencies for enterprise payouts.

This matters because it bridges the gap between digital asset liquidity and last-mile financial rails in developing economies. By eliminating settlement delays for use cases like B2B transactions, B2C disbursements, and remittances, the partnership aims to provide a more efficient alternative to traditional cross-border payment systems in LATAM.

The collaboration signals a growing trend of using stablecoins as a core settlement layer for global commerce. For Circle, it expands the utility and reach of USDC by plugging into dLocal's extensive network in Africa, Asia, and Latin America, creating a more robust ecosystem for frictionless value exchange.

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https://www.dlocal.com/press-releases/dlocal-joins-circle-payments-network-to-power-stablecoin-payouts-across-emerging-markets/?utm_campaign=Press&utm_content=356922798&utm_medium=social&utm_source=twitter&hss_channel=tw-827247033190801408