Thunes, the Singapore-headquartered cross-border payments infrastructure provider, has extended its stablecoin treasury capabilities by integrating EURC, Circle‘s MiCA-compliant euro-backed stablecoin, across its Direct Global Network. The move allows eligible Network Members to prefund euro-denominated transactions around the clock, removing the settlement gaps created by traditional banking hours and holiday calendars.
The integration spans four blockchains: Ethereum, Solana, Base and Stellar. Thunes describes its architecture as network-agnostic, meaning treasury managers can select the settlement rail that best fits their operational or cost profile without being locked to a single chain.
Building on the Circle partnership
The EURC launch is the second phase of a partnership with Circle that began in October 2024, when Thunes introduced USDC-powered liquidity to the same network. The sequencing reflects a broader pattern in cross-border infrastructure: start with the dollar-denominated stablecoin, then add the euro layer as the regulatory framework solidifies.
That regulatory framework is now in place. EURC is issued under the Markets in Crypto-Assets regulation, which came into full effect across the European Union in late 2024 and established the first comprehensive licensing regime for asset-referenced and e-money tokens in the region. MiCA compliance is a meaningful commercial differentiator for treasury teams at regulated financial institutions, particularly those operating under EU banking licences or serving EU-resident customers, because it removes the need to treat the stablecoin as an unregulated instrument for risk and reporting purposes.
Chloé Mayenobe, deputy chief executive of Thunes, said: “By offering a fully MiCA-compliant Euro asset across five leading blockchains, we are giving our partners the ultimate flexibility to move value 24/7, capture traffic spikes, and manage treasury flows instantly and securely.”
Kash Razzaghi, chief commercial officer at Circle, framed the integration as translating stablecoin utility into operational value for businesses managing modern cross-border payment flows.
Market context and competitive positioning
Thunes sits in a competitive segment. Several payments infrastructure providers, including Ripple, Fireblocks and banking-as-a-service platforms with treasury tooling, have built corridors that use stablecoins or tokenised deposits to compress settlement windows and extend operating hours. The distinguishing claim Thunes makes is network breadth: the company says its Direct Global Network reaches over 90 fiat currencies, which would make the EURC bridge commercially useful for corridors where a euro entry point connects to emerging-market fiat exits rather than purely intra-EU flows.
The target customer profile matters here. Thunes specifically names fintechs, neobanks, payment service providers and gig-economy platforms as eligible Network Members. These firms typically carry lean treasury teams and value operational continuity over weekends and public holidays, which is precisely the gap that 24/7 stablecoin prefunding addresses compared with correspondent banking arrangements.
For Web3-native firms, Thunes says the integration removes the prior conversion step: instead of converting digital-asset holdings to fiat before funding a payment, a company can draw directly from a euro-denominated stablecoin treasury. That reduces both operational friction and foreign-exchange exposure on the funding leg.
The next milestones to watch are adoption figures from existing Network Members, whether Thunes extends the Circle partnership to additional stablecoin denominations, and how the regulatory treatment of stablecoin-funded payment flows evolves under the EU’s ongoing PSD3 implementation, which governs payment service licensing alongside but separately from MiCA.
The post Thunes Adds EURC Stablecoin Prefunding to its Global Payments Network appeared first on The Fintech Times.
