Circle Partners with LianLian Global to Explore Stablecoin-Powered Cross-Border Payments
A subsidiary of Circle Internet Group, Inc. (NYSE: CRCL), the issuer of stablecoin USDC through its regulated entities, has announced a partnership with LianLian Global, a licensed cross-border payments provider, to explore the expansion of USDC in cross-border payments. This collaboration aims to build stablecoin-backed payments infrastructure, making international payments more accessible to merchants and digital platforms operating in global markets.
The partnership will focus on assessing how digital dollar stablecoins, such as USDC, can support faster and more robust transactions, particularly in high-volume international payment flows. By improving treasury and settlement processes, the initiative aims to reduce friction in cross-border payments while improving reliability for merchants operating in multiple jurisdictions and currencies.
Modernizing Cross-Border Payment Infrastructure
Both parties will explore how stablecoins such as USDC can support faster and more robust transactions, particularly in high-volume international payment flows. By improving treasury and settlement processes, the initiative aims to reduce friction in cross-border payments while improving reliability for merchants operating in multiple jurisdictions and currencies. According to Circle, this partnership is part of their ongoing work to expand the utility of USDC within regulated financial systems.
Driving Efficiency and Interoperability
The agreement also focuses on improving cost efficiency and optimizing settlement processes for merchants and platforms. Traditional cross-border payments often involve multiple intermediaries with delayed processing times and opaque fees. Circle and LianLian Global will explore how stablecoin rails can help simplify these flows, enabling near real-time settlement and improved transparency. This collaboration aims to drive efficiency and interoperability in cross-border payments, making it easier for merchants to operate globally.
Expanding Access in Emerging Markets
Another factor of collaboration is identifying opportunities in emerging markets where digital payment solutions can expand access and economic participation. Stablecoins are increasingly seen as a tool to improve financial inclusion by lowering barriers to entry and enabling faster, more affordable cross-border transactions. By combining Circle’s digital currency infrastructure with LianLian Global’s regional expertise, the partnership aims to unlock new payment use cases for merchants in fast-growing markets.
Working with Regulated Financial Institutions
The partnership is part of Circle’s strategy to work closely with regulated financial institutions and licensed payment providers as stablecoins become more embedded in global financial systems. Yam Ki Chan, Vice President Asia Pacific of Circle, said the agreement is part of Circle’s commitment to building an open and interoperable financial infrastructure tailored to the needs of modern commerce in Asia and beyond. With offices in key international trade corridors, LianLian Global serves millions of merchants worldwide, particularly in e-commerce and cross-border trade.
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