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FIS and Circle are Partners for Stablecoin Payments

When launched earlier this year, the cloud-based turnkey service Money Movement Hub from FIS enabled US financial institutions to reach realtime payment networks FedNow and RTP from the Clearing House through a single API. FIS has added an integration with Circle Internet Group to Money Movement Hub to give US financial institutions the ability to send, receive and hold USDC, a US dollar-denominated stablecoin. Circle, which is the issuer of USDC, provides access to public blockchains where stablecoins are used for payment and commerce transactions. There is nearly $70 billion worth of USDC...

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