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Cryptopolitan 2025-05-27 15:45:31

Worldpay onboards USDC as one of its payment options for the US and Europe

Payments firm Worldpay will allow customers in the USA and Europe to pay using USDC stablecoins by Circle. The app joins Stripe in handling stablecoins, expanding one of the main use cases for crypto. The payment processing company Worldpay will onboard the stablecoin USDC as one of its payment options for the US and Europe. The USDC token, issued by Circle, is one of the fastest-growing assets in 2025, both in terms of supply and influence on multiple platforms. The adoption of USDC arrives at a time when Circle is preparing for its IPO , solidifying the reputation of USDC as a regulated and widely accepted stablecoin. Worldpay, which was recently acquired by Global Payments Inc., has a yearly turnover of $2.5T. The app is almost catching up with the entire crypto market, handling $3.3T in yearly transactions. Worldpay’s decision to add USDC arrives at a time when stablecoin transfers are trending. Transaction volumes have now surpassed the transfers on VISA and Paypal and far exceed the volume of international remittances. On the payment side, Worldpay will use the services and infrastructure of BVNK. Fireblocks will ensure the connection to the crypto side, potentially using its gasless technology. Fireblocks simplifies crypto payments with fast onboarding for new payment gateways. Previously, Worldpay used VISA’s pilot program to settle USDC payments on the Ethereum chain. USDC remains widely used in payment apps, including crypto-native services from Crypto.com and Coinbase Pay. USDC is still most widely used on Ethereum, though it has spread to new platforms like Sonic. Solana, Base, BSC, and Avalanche remain the chief platforms for on-chain USDC transfers, in addition to the newly introduced Circle Payments Network. The addition of USDC follows its recent adoption through the Stripe payment app. USDC is also growing its presence through Circle’s native Circle Payments Network, officially launched on May 21. Worldpay specializes in targeted money transfers, where businesses need a reliable payment disbursement team. The app is used in online markets to cover seller accounts as well as for freelance payments. The platform already carries 135 fiat currencies. Stablecoins have been mostly used for crypto trading on centralized markets, DEX, as well as for various forms of passive income. Involvement with fintech apps is still rare, with small-scale partnerships testing the viability of payments. Worldpay picks USDC as a fully compliant asset Worldpay picked USDC after the asset secured MiCA certification in the Euro Area. As a transparently asset-backed token, USDC will also face no difficulties, even with the upcoming US crypto stablecoin bill . The compliance allowed Circle to be more confident with USDC minting. In the past 12 months, the supply increased from 32B tokens to over 60B, peaking at above 61B. USDC still has a market share of 25.5%, lagging behind Tether’s USDT. Despite this, USDC transfers have been growing in the past months. USDC transfer volumes show a growing trend in the past year, recovering from the 2023 bear market. | Source: VISA onchain analytics Most of the USDC supply is still based on Ethereum, but over 11.5B tokens remain on Solana after active minting in 2025. USDC aims to remain a transparent token with the potential to freeze assets in the case of malicious transactions. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

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