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Circle Launches Payments Network To Compete With Ripple

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Circle has launched a new payments network for cross-border transactions.

The Circle Payments Network is seen as a direct competitor to Ripple Payments .

CPN will provide round-the-clock, low-cost, and near-instant settlement for financial institutions.

The new offering attempts to snag market share for Ripple Payments , pitting both heavyweights in a scramble for dominance.

The list of design partners includes Flutterwave , CoinMENA , Coins.ph , WorldRemit , and Yellow Card .