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Thunes, the Singapore-headquartered global payments network, launched EURC prefunding on August 13, integrating Circle’s euro-denominated stablecoin into its Direct Global Network and SmartX Treasury system. The feature lets network members fund cross-border euro transactions instantly, even when European banks are closed for the weekend or on holiday.
How it works and who it serves
The integration allows Thunes’ network members, a roster that includes fintechs, neobanks, payment service providers, and Web3 companies, to prefund euro-denominated transactions using EURC. That stablecoin is MiCA-compliant, meaning it meets the European Union’s Markets in Crypto-Assets regulatory framework.
EURC is compatible with multiple blockchains including Ethereum, Solana, Base, and Stellar.
Thunes’ infrastructure reaches 12 billion bank accounts and wallets across 140 countries, supporting over 90 currencies and 220 payment methods.
Deputy CEO Chloé Mayenobe described the launch as “a natural evolution” of the company’s capabilities.
Building on the Circle partnership
This isn’t Thunes’ first rodeo with Circle. The two companies established a partnership in October 2024, initially focused on USDC-based liquidity solutions. Adding EURC extends that relationship into euro-denominated territory.
In October 2025, Thunes rolled out a Pay-to-Stablecoin-Wallets feature, allowing direct settlement into stablecoin wallets. The EURC prefunding announcement builds on that foundation.
Why 24/7 settlement matters more than it sounds
EURC prefunding lets companies park liquidity in a stablecoin that maintains a 1:1 peg with the euro, making those funds available for settlement at any hour. European markets have roughly 250 business days per year, which means traditional banking rails are effectively offline for more than 100 days annually when you count weekends and public holidays.
The bigger picture for stablecoins in payments
MiCA compliance is a key enabler here. The EU’s regulatory framework for crypto assets, which went into full effect in 2024, created a clear legal basis for stablecoins issued by licensed entities. Circle obtained the necessary licenses to issue EURC under MiCA.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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