Geoswift Integrates with Circle Payments Network to Offer Stablecoin-Powered Real-Time Settlements in Cross-Border Payments

LAS VEGAS--(BUSINESS WIRE)--Oct 27, 2025--

Geoswift, a leading provider of cross-border payment services and solutions globally, today announced its integration with Circle Payments Network (CPN). Geoswift integrates its banking infrastructure with stablecoin-powered settlement system, enabling real-time, compliant, and cost-efficient B2B payments worldwide. Building on its role as an Originating Financial Institution (OFI) within CPN, Geoswift enables clients to expand into Latin America.

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“Geoswift has built a trusted track record in delivering secure, compliant settlements across Asia Pacific, North America, Europe, and the Middle East. By joining Circle Payments Network, we are modernizing that global reach with real-time stablecoin infrastructure — creating faster, more transparent cross-border flows for our enterprise clients,” said Raymond Qu, Group CEO and founder of Geoswift.

“Circle Payments Network empowers companies like Geoswift to reduce the complexity of cross-border settlement using stablecoins like USDC,” said Sunil Sharma, VP Product Management at Circle. “Our growing network of participants are building the foundation for a global, always-on financial system that bridges traditional and digital economies.”

This integration reinforces Geoswift’s commitment to driving innovation in cross-border payments, while maintaining the compliance and reliability that businesses demand in an increasingly digital global economy.

About Geoswift

Geoswift is an innovative global payment technology company specializing in APAC cross-border payments. Since its founding in 2010, the Geoswift brand has become synonymous with proprietary innovation, deep expertise in international and local regulatory frameworks, robust banking partnerships, and a strong global presence. Licensed in the United States, United Kingdom, and Hong Kong SAR—and supported by an extensive payment network spanning APAC, North America, EMEA and Latin America—Geoswift provides customized, end-to-end cross-border payment solutions for a broad spectrum of industries, including education, e-commerce, travel, and financial services.

Its comprehensive product suite includes payment acceptance, business payouts, foreign exchange, multi-currency business accounts, card solutions, and more. Headquartered in Vancouver, Canada, Geoswift has regional offices in Hong Kong, San Francisco, London and Singapore—offering seamless, localized payment solutions to clients across the globe.

About Circle Payments Network

Circle Technology Services, LLC (CTS) is the operator of Circle Payments Network (CPN) and offers products and services to financial institutions that participate in CPN to facilitate their CPN access and integration. CPN connects participating financial institutions around the world, with CTS serving as the technology service provider to participating financial institutions. While CTS does not hold funds or manage accounts on behalf of customers, we enable the global ecosystem of participating financial institutions to connect directly with each other, communicate securely, and settle directly with each other. CTS is not a party to transactions between participating financial institutions facilitated by CPN who use CPN to execute transactions at their own risk. Use of CPN is subject to the CPN Rules and the CPN Participation Agreement between CTS and a participating financial institution.

Raymond Qu, Group CEO and founder of Geoswift, and Sunil Sharma, VP Product Management at Circle, celebrating the partnership in Las Vegas.

CHICAGO (AP) — A potential replay challenge by the Los Angeles Angels on Wednesday was denied because first-year manager Kurt Suzuki waited too long to make the appeal.

The play occurred with the Chicago Cubs batting in the third inning of the Angels' 6-2 loss in the series finale at a chilly Wrigley Field. Nico Hoerner doubled into the gap in left-center, and Miguel Amaya used a headfirst slide to score the first run of the game.

Shortstop Zach Neto's throw beat Amaya to the plate. It was unclear if Amaya's left hand touched home, and if it got in there ahead of catcher Travis d'Arnaud's tag. Umpire David Rackley ruled Amaya was safe.

Suzuki held up his hand in the direction of the field before deciding to challenge. But the umpires did not initiate a replay review because they said Suzuki took too long to make his decision.

According to Major League Baseball's replay regulations, once a manager notifies an umpire that a club is considering a challenge, the umpire “will hold play until the earlier of the expiration of the 15-Second Determination Timer ... or an indication from the Manager that the Club is not going to challenge the play.”

“When a close play happens like that, the manager is required to immediately hold, to signal to start the clock, which is 15 seconds,” crew chief Chris Guccione told a pool reporter. “So once I see a manager hold by raising his hand, I'll radio up to the press box, to the tech up there, who then starts the clock. So then from that point they've got 15 seconds to either wave it off, challenge, whatever they need to do.”

The 15 seconds is displayed on the pitch clock, and umpires wear a communication device that buzzes when the clock strikes zero.

“There's zeros and the buzz, and then Kurt came up just a little late,” Guccione said.

Suzuki said bench coach John Gibbons, who is the conduit between the manager and Angels staffers looking at the replay, said the timing of the challenge decision was close.

“He said it was a judgment thing,” Suzuki said. “He said it was like zero-bam and then I challenged, so it was like right after. If we’re late, we’re late. Can’t really argue that. Even if it’s a half-second, a second, you can’t argue that. If you’re late, you’re late.”

The Cubs went on to score four more runs in the third, including two with two outs in the inning.

The Angels challenged a successful steal by Hoerner in the sixth, but the call was upheld.

The time limit for deciding whether to request a replay challenge was lowered from 20 to 15 seconds when the pitch clock was instituted as part of a package of rules changes ahead of the 2023 season.

The 42-year-old Suzuki took over as the team's manager in October. He spent the previous three seasons as a special assistant to Angels general manager Perry Minasian.

Suzuki was a major league catcher for five teams over 16 seasons, winning a World Series with Washington in 2019. He had no major league coaching experience when he was hired as manager.

AP MLB: https://apnews.com/hub/mlb

Los Angeles Angels manager Kurt Suzuki, left, attempts to challenge a play with an umpire during the third inning of a baseball game against the Chicago Cubs in Chicago, Wednesday, April 1, 2026. (AP Photo/Paul Beaty)

Los Angeles Angels manager Kurt Suzuki, left, attempts to challenge a play with an umpire during the third inning of a baseball game against the Chicago Cubs in Chicago, Wednesday, April 1, 2026. (AP Photo/Paul Beaty)