FIS and Circle cooperate to provide stablecoin payment services to banks

PANews July 29th news, according to Bloomberg, FIS, a banking technology service provider in the United States, announced that it will cooperate with Circle Internet Group Inc. to provide financial institutions with trading services based on Circle stablecoin USDC. Both parties aim to help Bank of America provide customers with options for domestic and cross-border payments using USDC. FIS plans to integrate USDC into its capital flow platform, and the service is expected to be launched by the end of the year.

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