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FIS Partners with Circle to Provide Stablecoin Payment Services for Banks

Summary: According to reports, US bank technology service provider FIS (Fidelity National Information Services Inc.) has announced a partnership with Circle Internet Group Inc. to offer transaction services based on Circle's stablecoin USDC to financial institutions. The collaboration aims to assist US banks in providing customers with the option to use USDC for domestic and cross-border ...

According to reports, US bank technology service provider FIS (Fidelity National Information Services Inc.) has announced a partnership with Circle Internet Group Inc. to offer transaction services based on Circle's stablecoin USDC to financial institutions. The collaboration aims to assist US banks in providing customers with the option to use USDC for domestic and cross-border payments. FIS plans to integrate USDC into its funds transfer platform, with the service expected to go live by the end of the year.

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