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Search results for Circle Payments Network

Crypto

HectoWalletOne launches USDC subscription plan to cut multichain burden

HectoWalletOne said on May 15 it will launch a USDC-only pricing plan, called the USDC kit, to meet rising demand for Circle\'s dollar stablecoin. The plan offers Octet APIs for building USDC infrastructure on a single monthly subscription. It supports six networks including Ethereum, Solana, Polygon, Avalanche, Arbitrum and Sui, aiming to reduce multichain infrastructure costs. HectoWalletOne also plans to respond to demand tied to Circle Payments Network use.

Finance

Hecto Financial opens pre-registration for CPN global remittance ahead of July launch

Hecto Financial said on May 13 it has begun taking pre-registrations for its “CPN Global Service” for overseas remittances, based on Circle’s Circle Payments Network (CPN), ahead of a July launch. The service targets financial institutions, fintech companies and corporations holding USDC that want to use CPN. Pre-registered companies will be able to use it immediately after launch. Hecto Financial said it will support regulatory reviews including anti-money laundering checks.

Finance

Shinhan Investment Corp initiates Hecto Financial with buy and 53,000 won target

Shinhan Investment Corp on Wednesday initiated coverage of Hecto Financial with a buy rating and a target price of 53,000 won, citing the need to focus on advances in its settlement infrastructure and expansion of new payment rails. Analysts said the company is moving beyond a payment gateway business into a global money-flow infrastructure firm. They pointed to a shift toward fee-based revenue, cross-border settlement growth and stablecoin payment rails.