- Circle and FIS launch a partnership to integrate USDC transactions into U.S. banks via FIS’ Money Movement Hub.
- The partnership follows the GENIUS Act, allowing compliant and scalable use of USDC within traditional U.S. financial institutions.
- FIS enhances the integration with real-time payments, fraud detection, and a unified platform for stablecoin-based payment solutions.
Circle has formed a new partnership with financial technology leader FIS to bring USDC payment functionality to U.S. financial institutions. The partnership follows the recent passage of the GENIUS Act, which provides a regulated framework for stablecoin integration into the U.S. financial system.
FIS Launches USDC Services Through Money Movement Hub
FIS will introduce USDC transactions through its newly launched Money Movement Hub. This platform connects financial institutions to a variety of payment networks in one place. With USDC now integrated, FIS clients can offer real-time domestic and cross-border stablecoin payments.
According to Jim Johnson, Co-President of Banking Solutions at FIS, “This new partnership with Circle demonstrates FIS’ dedication to unlocking innovative financial technology that helps move money between the world’s banks, consumers and businesses.” He noted that the collaboration allows clients to offer more flexible payment options while reducing complexity and increasing transaction speed.
The Money Movement Hub will serve as the first FIS product to offer Circle’s USDC payment capabilities. FIS also plans to pair this integration with its real-time payment systems and fraud detection tools, offering clients a secure and compliant solution for handling digital assets.
Circle Highlights USDC’s Role After GENIUS Act
Circle, the issuer of USDC, sees this partnership as a timely move following the recent GENIUS Act, which sets clear guidelines for stablecoins in the U.S. market. Circle’s regulated affiliates issue USDC, a fully-reserved payment stablecoin that remains redeemable 1:1 for U.S. dollars.
Kash Razzaghi, Chief Business Officer at Circle, noted, “With the GENIUS Act now enacted as U.S. law, stablecoins are converging with mainstream finance and institutions are increasingly seeking faster, more transparent and economically efficient ways to move money.”
By combining Circle’s blockchain infrastructure with FIS’ wide-reaching banking network, the partnership aims to enable settlement at internet scale while maintaining full regulatory compliance.
Modernizing Payments Through Digital Asset Infrastructure
The partnership allows U.S. banks to access digital payments while remaining in line with current regulations. Institutions can now offer USDC services without overhauling existing infrastructure. FIS’ integration with Circle offers a flexible path to adopt stablecoin payments under a secure and structured system.
Through this collaboration, Circle and FIS are equipping banks to meet the growing demand for regulated digital assets in everyday finance.
