Stablecoin News: Circle (CRCL) Tapped by Finastra to Bring USDC Settlement to $5T Global Payments

Stablecoin News: Circle (CRCL) Tapped by Finastra to Bring USDC Settlement to $5T Global Payments

Integrating USDC into Finastra’s payments hub aims to cut costs and speed up international transfers.

Circle Internet partners with financial services software provider Finastra

Finastra and Circle Open Door for USDC Stablecoin Use for Faster Settlements - Fintech Singapore

Finastra, a global financial software provider, is plugging Circle’s USDC stablecoin into its payments hub, giving banks a new way to settle cross-border transfers in near real time. The integration will run through Global PAYplus (GPP), the first Finastra solution to connect banks to Circle’s payment infrastructure. Finastra says GPP customers process more than US$5 trillion in cross-border transactions daily. Banks will be able to settle in US…

Circle taps Mastercard and Finastra to push USDC into global payments

Circle, the company behind USD Coin (USDC), is pushing to make stablecoins a mainstream tool in traditional banking. The firm is announcing new partnerships with Mastercard and Finastra to integrate USDC into payment flows for merchants and banks worldwide. These partnerships represent one of the most aggressive efforts yet to expand the use of stablecoins in everyday financial services. They arrive when regulators and banks are increasingly int…

Circle Partners With Finastra on $5 Trillion USDC Settlement

The post Circle Partners With Finastra on $5 Trillion USDC Settlement appeared on BitcoinEthereumNews.com. Circle and Finastra announced on Wednesday a partnership to integrate USDC settlement into Finastra’s Global PAYplus platform, which handles more than $5 trillion in daily cross-border payment flows. The deal will let banks settle transactions with USDC while keeping payment instructions in fiat currencies, aiming to reduce costs, speed up …

Circle Partners With Finastra on $5 Trillion USDC Settlement – MAXBIT

Circle and Finastra announced on Wednesday a partnership to integrate USDC settlement into Finastra’s Global PAYplus platform, which handles more than $5 trillion in daily cross-border payment flows. The deal will let banks settle transactions with USDC while keeping payment instructions in fiat currencies, aiming to reduce costs, speed up transfers, and lessen reliance on...