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Fintech Circle Reveals its APIs Now Support ACH Payments and Payouts, Enabling Easy Bank Transfers with USDC Stablecoin
Global Fintech firm
Circle has revealed that its APIs now support ACH payments and payouts. Circle explains that ACH support allows clients to provide “seamless” bank transfers to and from USDC, which is a major stablecoin (or digital asset pegged to the US dollar).
Circle APIs provide major payment rails such as cards, wires, and blockchain-enabled transfers “offering multiple ways for users to transfer money and transact with USDC, the world’s fastest-growing dollar stablecoin.”
The announcement stated:
“Circle is adding ACH as a payment rail, with comprehensive support available across both Payments and Payouts products. Customers can enable their users to make and receive payments using ACH, with seamless conversions into and out of USDC.”