Jeremy Allaire, CEO of stablecoin issuer Circle, posted on X that the company has begun using its own platform for internal fund settlements. Approximately $68 million in intercompany settlements were completed among eight entities via USDC and Circle Mint, taking less than 30 minutes in total and operating 24/7. This approach replaces the traditional fiat wire transfer process, which typically 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 continues to evolve, this stablecoin-based real-time settlement model is expected to be made available to more businesses in the future.