Circle has officially launched its P2P app in Ireland and Spain, according to a blog post about the announcement.

"People in those countries can connect any Spanish or Irish bank account to Circle to send and receive peer to peer payments, with native euro support, to friends and family within their countries and across borders instantly, at the best exchange rate available to consumers, with zero fees," the company wrote on its website. 

Circle also introduced FX pricing that "aims to commoditize consumer value exchange across currencies," according to the announcement.

"Over the long run, we believe that the 'spread' paid by consumers when exchanging value across currencies will not only approach zero, but reach zero, just as the cost of a voice chat, a text message and an email have reached zero," the company wrote.