SINGAPORE — Arf, a Swiss provider of short-term liquidity for cross-border payments, is set to join Circle Payments Network (CPN) in a move that will provide eligible users access to on-demand credit, effectively eliminating the need for prefunding, or tying up a large fiat balance before settlement occurs.

The integration, powered by Huma Finance’s PayFi network, aims to make cross-border stablecoin settlements faster and more capital-efficient, said Irfan Ganchi, senior vice president of product management at Circle Internet (CRCL). Circle is the issuer of USDC, the second-largest stablecoin by market cap.

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