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

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. Summary 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. The figure follows an earlier enrollment disclosure in Circle’s second-quarter results. Published Aug. 5, those results listed 175 financial institutions enrolled at the end of June, up 29% from the previous quarter. The award post describes institutions helping build the network, while the fi...