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Altcoins & DeFi

Circle cites 175+ institutions as CPN wins Money20/20 payments bronze

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Circle has cited more than 175 financial institutions helping build Circle Payments Network after the stablecoin payments service won bronze in the Payments category at the Money20/20 Money Awards. Circle cited 175+ financial institutions supporting CPN after winning bronze at the Money20/20 Money Awards. Earlier disclosures listed 175 enrolled institutions, without establishing how many were actively processing payments. CPN reported $14.7 billion in annualized transaction volume at the end of Q2 2026. Visa and Mesh announced wallet-based spending plans, while Mastercard introduced stablecoin risk screening. Circle said in its award announcement that the institutions were helping make CPN a global payments network, thanking its payments team alongside the participating firms. “Thank you to the 175+ financial institutions helping make CPN a global payments network,” the company wrote.

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