Key Takeaways
- Zepz integrates USDC for backend settlement, becoming one of the first major remittance players to adopt stablecoin infrastructure.
- The partnership aims to provide customers with greater accessibility, faster settlement times and lower costs
- Zepz builds on its work with Circle to advance blockchain-powered payment rails and deliver more inclusive global money movement.
London, Date TBC – Zepz, the global payments group behind WorldRemit and Sendwave, joins forces with Circle, issuer of USDC (USD Coin) and leader in digital currency infrastructure, to transform cross-border payments with blockchain-powered stablecoin technology.
The partnership marks a major milestone in Zepz commitment to improving cross-border payments by leveraging blockchain-enabled systems. By integrating Circle’s regulated stablecoin infrastructure, Zepz aims to improve liquidity management and settlement times, and reduce working capital costs.
Stablecoins are uniquely positioned to rewire the backend of remittances. Today, cross-border payments still take days to settle – a burden that falls heavily on businesses serving migrants. By reducing reliance on traditional intermediaries, stablecoins offer real-time settlement and greater transparency. For Zepz customers, this translates into faster delivery, greater reliability, and fairer pricing.
Mark Lenhard, CEO of Zepz said: “While our customers have always experienced near instant money transfers, the same efficiency hasn’t applied to our backend settlement processes. We believe stablecoins can help to bridge this gap, serving as a vital link between traditional banking infrastructure and digital assets.”
Lenhard adds:“By combining our deep expertise in cross-border payments with Circle’s leadership in digital currency infrastructure, we’re building the next generation of global money movement. This is designed to serve the people in the global south who need it most, especially in regions where traditional rails fall short.”
“The Zepz mission aligns powerfully with the promise of USDC – to deliver fast, low-cost, and transparent payments at global scale,” added Jeremy Allaire, CEO at Circle. “This partnership brings blockchain-powered infrastructure to one of the world’s most critical financial lifelines, helping make remittances more inclusive, resilient, and accessible for migrant communities everywhere.”
About Zepz
Zepz powers two leading global remittance brands, WorldRemit and Sendwave, to build the next generation of cross-border payments. Serving over 9 million customers across 5,000 corridors, Zepz is transforming how money moves across borders by making it faster, safer and more convenient. Its innovative digital solutions are designed to break down financial barriers and expand access to better financial tools. Zepz operates across a broad global footprint, connecting the global north and south and enabling migrants to support loved ones, fuel local economies and build better futures.
About Circle
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is building the world’s largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins.
Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations.