Techub News: Circle CEO Jeremy Allaire tweeted that Circle has started using its own platform for internal fund settlements, completing approximately $68 million in cross-company settlements between eight entities using USDC and Circle Mint. The entire process takes less than 30 minutes and operates 24/7. Jeremy stated that this method replaces the traditional fiat wire transfer process, which usually takes 1–3 days, and offers full control and audit capabilities. Currently, 90% of the company's transfer pricing settlements can be completed within a day. As Circle Mint features continue to be updated, this real-time settlement mode based on stablecoins is expected to be opened to more enterprises in the future.

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