MassPay expands stablecoin payouts through Circle partnership

MassPay announced an expanded integration with Circle Payments Network (CPN) Managed Payments to enhance stablecoin payout capabilities for businesses. The partnership allows MassPay customers to fund, manage, and send payouts using stablecoins without directly handling digital assets or blockchain infrastructure.

CPN Managed Payments is operated by Circle Internet Financial, LLC, an affiliate of Circle Internet Group (NYSE: CRCL). The service enables payment providers, fintechs, banks and enterprises to access digital dollar-based settlement while operating within existing financial frameworks.

The integration allows MassPay customers to create and manage dedicated wallets, convert balances into USDC for treasury purposes, and initiate stablecoin payouts alongside traditional options including bank transfers, debit cards, and digital wallets.

"More and more of our customers are holding stablecoins as a core part of how they manage their finances - not as an experiment, but as an everyday tool," said Ran Grushkowsky, CEO of MassPay.

Irfan Ganchi, SVP of Product Management, Payments at Circle, stated that the expanded partnership demonstrates how payment companies are incorporating faster and programmable money movement into core operations.

MassPay operates as a global payout platform that enables businesses to make payments through a single integration. The company supports various payout methods including bank transfers, debit cards, digital wallets, and cryptocurrency options. The platform targets marketplaces, direct sales organizations, content creator platforms, and other businesses requiring global payout solutions.

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