FIS has announced a new partnership with Circle to implement USDC transaction capabilities for financial institutions in the U.S. This collaboration is expected to enhance the integration of digital assets with traditional finance.
FIS and Circle Partnership
On July 29, 2025, FIS, a global leader in financial technology, announced a partnership with a subsidiary of Circle Internet Group. This partnership will allow financial institutions to transact in USDC, the largest regulated stablecoin. This event comes in the wake of new U.S. stablecoin legislation that opens up opportunities for the integration of digital assets into the traditional financial system.
USDC Functionality for Financial Institutions
By collaborating with Circle, FIS aims to provide financial institutions with the ability to offer their customers the option to make both domestic and cross-border payments in USDC. This fully-reserved payment stablecoin can be redeemed 1:1 for U.S. dollars.
Significance of Stablecoins in Finance
The functionality provided by FIS through the Money Movement Hub allows for the integration of USDC payment capabilities across a wide range of institutions. The stablecoin functionality provides institutions the opportunity to modernize their processes and maintain competitiveness in a changing financial landscape. This helps reduce the complexity and costs associated with making payments.
The partnership between FIS and Circle opens new horizons for the use of stablecoins in financial institutions, potentially revolutionizing the approach to financial transactions and facilitating access to digital assets.