Circle
27 Case Studies
A Circle Case Study
The customer, Airtm, identified the challenge of high costs and slow speeds associated with cross-border payments for businesses hiring workers in emerging markets, where unstable local currencies also posed a problem. They partnered with the vendor Circle to utilize its USDC stablecoin for a solution.
Circle's solution enabled Airtm to use USDC for fast, low-cost, dollar-denominated payouts. This resulted in businesses saving an average of 35% on transaction costs compared to traditional providers, with payments arriving in minutes. The measurable impact includes Airtm now transacting $900 million annually and supporting 160,000 monthly active users who rely on USDC.