FIS Partners With Circle to Bring USDC Payments to U.S. Banks

Global fintech firm FIS (NYSE: FIS) has entered into a new strategic partnership with a subsidiary of Circle Internet Group, Inc. (NYSE: CRCL) to bring USDC payment capabilities to U.S. financial institutions.

The collaboration aims to bridge traditional finance with blockchain infrastructure, following the recent passage of U.S. stablecoin legislation that expands the regulatory framework for digital dollar-based assets.

The agreement will enable banks and financial service providers in the U.S. to facilitate both domestic and cross-border payments using USDC, a fully backed, regulated stablecoin issued by Circle affiliates and redeemable 1:1 with the U.S. dollar.

At the core of this initiative is FIS’ Money Movement Hub, a newly launched platform that allows financial institutions to access a variety of payment networks through a single integration point. The Hub will be the first FIS product to integrate Circle’s USDC infrastructure, combining real-time payments, fraud prevention tools, and blockchain-native rails to deliver faster and more cost-efficient digital transactions.

“This partnership with Circle underscores FIS’ commitment to delivering cutting-edge financial technologies that improve how money moves between banks, businesses, and individuals,” said Jim Johnson, Co-President of Banking Solutions at FIS. “By embedding USDC into our Money Movement Hub, we’re giving institutions a compliant, regulated option to expand their payment offerings and streamline settlement with enhanced speed, accuracy, and security.”

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Circle’s Chief Business Officer, Kash Razzaghi, emphasized the regulatory tailwinds now propelling stablecoins into mainstream finance. “With the GENIUS Act now law, U.S. institutions are turning to payment stablecoins like USDC for faster, more transparent, and efficient fund movement,” Razzaghi said. “This partnership with FIS combines the scale of its banking infrastructure with Circle’s blockchain capabilities to support settlement at internet speed.”

The move marks a broader effort by FIS to align its services with the growing adoption of digital assets and to position U.S. financial institutions at the forefront of payment innovation. By integrating with Circle, FIS clients will gain access to secure, compliant blockchain-based settlement options designed to reduce costs and complexity across the money movement lifecycle.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.