Summary
- FIS announced it will integrate USDC into its 'Money Movement Hub' through a partnership with Circle.
- This collaboration has established a foundation for thousands of financial institutions to introduce USDC-based payment services.
- FIS emphasized that stablecoins are no longer peripheral technology but have become core financial services infrastructure.
According to Bloomberg on the 29th, American financial IT company FIS (Fidelity National Information Services) announced that it is collaborating with stablecoin (a virtual asset pegged to fiat currency) issuer Circle to help banks provide USDC-based payment services.
Through this collaboration, FIS plans to integrate USDC into its unified payment platform, 'Money Movement Hub'. This will enable financial institutions to offer customers the ability to use USDC as a domestic and international payment option. The service is scheduled to launch within the year.
FIS is a global financial infrastructure company that processes over 10 trillion dollars in payments annually. Through this integration, thousands of financial institutions will have the foundation to adopt USDC.
Himal Makwana, FIS Global Head of Strategy, stated, "Stablecoins are no longer a peripheral technology; they have become a core part of financial services infrastructure. Now, this is mature technology focused on solving real customer problems."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
