Thunes, Circle Launch EURC Payments for 24/7 Global Treasury
Thunes now allows network members to fund cross-border transactions around the clock using Circle's euro-backed stablecoin, EURC. This service enables treasury management outside traditional banking hours for businesses globally, including those in Asia.
Expanding Treasury Capabilities
Thunes has enabled its network members to fund cross-border transactions using Circle's euro-backed stablecoin, EURC, on a 24/7 basis. This service permits eligible businesses to manage treasury flows beyond conventional banking hours, including weekends and holidays.
The integration specifically supports enhanced liquidity management for fintech companies, neobanks, and payment service providers. It also benefits gig economy platforms and Web3 companies needing constant access to funds.
Regulatory Compliance and Blockchain Access
EURC, issued by a regulated Circle affiliate, adheres to the European Union’s Markets in Crypto-Assets (MiCA) regulation. This compliance provides a regulated euro asset for digital transactions. The stablecoin is accessible across multiple leading blockchains: Ethereum, Solana, Base, and Stellar.
This multi-chain availability offers flexibility for partners to move value and manage treasury flows securely and instantly, as stated by Thunes Deputy CEO Chloé Mayenobe.
Strategic Collaboration and Direct Funding
This development builds on an earlier collaboration that introduced USDC-powered liquidity to the Thunes network in October 2024. For Web3 companies, the service simplifies operations by allowing direct funding of Thunes accounts from digital treasuries. This eliminates the need to convert EURC into fiat currency first.
Thunes connects digital assets with over 90 fiat currencies through its extensive payment network, demonstrating its bridging role between traditional and digital finance.
The 24/7 availability of regulated euro liquidity directly benefits Asian businesses operating global supply chains or serving international customers. Companies can optimise working capital and reduce operational friction caused by time zone differences.
This reduces reliance on traditional banking cut-offs for euro-denominated payments, potentially lowering treasury costs and improving transaction speed. The move helps Asian firms streamline cross-border payment operations and enhance financial agility in a digital economy.
This article is journalism, not investment advice; consult a licensed professional before making financial decisions. Market data is indicative, may be delayed, and should be verified with your broker or exchange before use.
Comments.
Comments are moderated. We remove what is unlawful, abusive or off-topic, and and you remain responsible for what you post.
Reader comments open soon. Until then, corrections and responses go to our newsroom, and we publish what we get wrong on Corrections.