FIS has announced a new partnership with a subsidiary of Circle Internet Group to give financial institutions the ability to transact in USDC, the world’s largest regulated stablecoin. This partnership launches on the heels of new U.S. stablecoin legislation that paves the way for digital assets to become more integrated with traditional finance in the U.S. Working together through this novel partnership, FIS and Circle will enable U.S. financial institutions to offer their customers the option to make domestic and cross-border stablecoin payments in USDC. Issued through Circle’s regulated affiliates, USDC is a fully-reserved payment stablecoin that is redeemable 1:1 for US dollars. FIS’ recently launched Money Movement Hub is the first FIS solution to integrate with Circle, making USDC payment functionality available to a wide range of institutions. The Money Movement Hub enables financial institutions to connect to multiple payment networks, encompassing a range of payment types, in one place. FIS will integrate its real-time payments and enhanced fraud detection solutions with Circle’s blockchain-native infrastructure, providing a scalable path for financial institution customers to adopt digital assets.