Saber, a cross-border payment infrastructure platform powered by Mudrex Inc., has announced its integration with Circle Payments Network (CPN) as a Beneficiary Financial Institution (BFI), enabling instant fiat off-ramping services for businesses globally through stablecoins.
This collaboration allows Saber to enhance its existing payment solutions by providing companies worldwide with direct access to USDC, facilitating 24/7 real-time settlement and seamless conversion to local fiat. The integration aims to address the growing demand for efficient cross-border payment solutions in expanding digital economies.
Edul Patel, CEO and Co-founder of Mudrex and Saber, stated, “Our Integration with Circle Payment Network is a significant milestone in our mission to make global money movement seamless and accessible. Through this collaboration, we aim to improve payment solutions and help businesses worldwide join the digital economy. We strongly believe stablecoins are fundamentally changing how money moves across borders, and CPN is an important step in this transformation.”Saber’s platform, which currently processes over $1.5 billion in annualized payment volume, will now offer enterprises enhanced liquidity access and lower conversion fees through robust APIs. Use cases supported on Saber’s platforms include powering remittance companies with C2C cross-border payments, treasury management, and various stablecoin-based applications.
Institutions utilizing Saber’s platform can now access CPN, which enables seamless connectivity to domestic real-time payment systems worldwide using regulated stablecoins. CPN operates while upholding the compliance, security, and trust required for financial institutions to meet their regulatory obligations.
Saber’s integration with CPN builds upon its established track record serving major clients across the crypto and fintech sectors. By extending its customized solutions and developer-friendly APIs, Saber can now offer more programmable, scalable infrastructure designed to support secure and compliant cross-border payments. Saber is powered by Mudrex with registrations and licenses in over 7 countries, including India (FIU), UK (S21), EU (VASP), Canada (MSB), and Australia (AUSTRAC).
