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Altcoins & DeFi

Circle Says Payments Network Won Bronze at Money20/20 Money Awards

Image: TokenPost

Circle announced Monday, Oct. 19, that Circle Payments Network (CPN) had won bronze in the Payments category at the Money20/20 Money Awards, drawing attention to its cross-border payments service built around USDC settlement and local payouts. At June 30, 2026, CPN had 175 enrolled financial institutions, 29% more than a quarter earlier. The count had grown from 55 institutions enrolled on Feb. 20, 2026 . Circle’s October announcement described more than 175 financial institutions as helping make the network, while the June figure measured enrollment. The two descriptions refer to different aspects of CPN’s scale. CPN’s annualized transaction volume reached $14.7 billion at June 30, up 76% from the previous quarter.

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