FIS and Circle have entered into a strategic partnership to introduce stablecoin money movement capabilities for financial institutions.

The collaboration aligns with the recently enacted US stablecoin legislation, which facilitates greater integration of digital assets within traditional finance systems in the region.

This partnership is part of FIS’s broader strategy to support digital assets and currencies. It highlights FIS’s commitment to offering optimized technology solutions across various stages of the money lifecycle for its clients.

Through this collaboration, US financial institutions will be able to provide their customers with the ability to conduct domestic and cross-border stablecoin payments using USDC. As issued by Circle’s regulated affiliates, USDC is a fully-reserved payment stablecoin that can be redeemed at a 1:1 ratio for US dollars.

Details of the FIS x Circle Partnership

The official press release notes that FIS’s recently launched Money Movement Hub is now integrated with Circle, providing access to USDC payment functionality for a wide array of institutions and companies. The Money Movement Hub was designed to enable financial institutions to connect to multiple payment networks, covering a variety of payment types in one comprehensive platform.

FIS plans to integrate its real-time payments and advanced fraud detection solutions with Circle’s blockchain-native infrastructure. This integration is expected to provide scalable and secure ways for financial institution customers to adopt digital assets.

By granting businesses direct access to USDC functionality within a regulated environment, the partnership will enable them to offer more efficient payment methods to their customers. Additionally, it aims to simplify and reduce costs associated with making payments, ensuring that funds can flow efficiently throughout the entire money lifecycle.