Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Finastra and Circle Redefine Cross-Border Banking With USDC Settlement Revolution

Finastra and Circle Redefine Cross-Border Banking With USDC Settlement Revolution

ainvest2025/08/28 00:58
By:Coin World

- Finastra partners with Circle to integrate USDC into its $5T cross-border payment hub, enabling faster, cheaper, secure transfers via blockchain-based settlement. - Mastercard expands collaboration with Circle to enable first-time USDC/EURC settlement for EEMEA acquirers, bridging blockchain assets with traditional commerce infrastructure. - USDC's $61.3B circulation (up 90% YoY) and growing adoption by major financial players signal stablecoins' rising role in reshaping global payment efficiency and dig

USDC is gaining momentum in the global banking sector as Circle continues to expand its partnerships with major financial technology firms and payment networks. A significant step in this direction came with Finastra, a leading provider of financial services software, announcing a collaboration with Circle to integrate USDC into its cross-border payment infrastructure. This initiative allows banks to utilize USDC for settlement within Finastra’s Global PAYplus (GPP) payment hub, which processes over $5 trillion in daily cross-border transactions. The integration aims to reduce reliance on traditional correspondent banking networks, enabling faster, more cost-effective, and secure international transfers without compromising compliance or foreign exchange processes.

Finastra’s Chief Executive Officer, Chris Walters, emphasized that the collaboration provides banks with the tools to innovate in cross-border payments without the need to develop standalone infrastructure. By linking Finastra’s payment hub with Circle’s blockchain-based settlement system, the partnership allows financial institutions to explore new payment models while maintaining operational continuity. The move highlights the growing interest in stablecoins among global banks as alternatives to traditional settlement mechanisms.

Circle’s CEO, Jeremy Allaire, noted that Finastra’s extensive reach and expertise in powering banking infrastructure make it an ideal partner for expanding USDC settlement in cross-border flows. This partnership aligns with the broader trend of financial institutions adopting stablecoins to enhance efficiency and reduce costs. The integration of USDC into cross-border transactions is particularly significant given the token’s $61.3 billion circulation as of early August 2025, representing a 90% increase year-over-year.

In parallel, Mastercard has also deepened its collaboration with Circle to enable USDC and EURC settlement for acquirers in the Eastern Europe, Middle East, and Africa (EEMEA) region. This development marks the first time that acquirers in the EEMEA region can settle transactions using stablecoins, further reinforcing Mastercard’s role in bridging blockchain-native assets with traditional fiat commerce infrastructure. Arab Financial Services and Eazy Financial Services are among the first to benefit from this expanded effort.

Mastercard’s President for EEMEA, Dimitrios Dosis, stated that the company’s strategic focus is to integrate stablecoins into mainstream financial systems by investing in infrastructure and governance. The expanded partnership with Circle enables acquirers to settle transactions in USDC or EURC—fully-reserved stablecoins issued by regulated affiliates of Circle—which can then be used to settle with merchants. This initiative supports Mastercard’s vision of advancing tokenized and programmable money, with the goal of making stablecoins as ubiquitous as traditional payment methods.

The adoption of stablecoins by major financial players such as Mastercard and Finastra reflects the broader industry shift toward digital assets as a means of enhancing the speed, transparency, and efficiency of financial transactions. As stablecoin usage continues to grow, particularly in emerging markets, it is likely to reshape the landscape of cross-border payments and digital trade.

Source:

Finastra and Circle Redefine Cross-Border Banking With USDC Settlement Revolution image 0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Maturing Crypto Market: Why 10x Gains Are Becoming a Myth

- - Crypto market shifts from speculative 10x gains to risk-adjusted returns as institutional adoption and regulation mature the asset class. - - Bitcoin's 375.5% 2023-2025 returns outperformed gold and S&P 500 but showed equity-like volatility (16.32-21.15% 30-day range) and Sharpe ratio alignment with stocks. - - Institutional custody solutions reduced volatility by 37% by mid-2025 but increased Bitcoin's equity correlation to 0.70, challenging its diversification role. - - Regulatory frameworks like the

ainvest2025/08/31 03:15
The Maturing Crypto Market: Why 10x Gains Are Becoming a Myth

Bitcoin's Quiet Revolution: How Pension Funds and Corporate Titans Are Rewriting the Rules of Diversification

- Institutional investors increasingly adopt Bitcoin as a macro-hedge against inflation and fiat devaluation, with pension funds and sovereign wealth funds allocating 1-5% to digital assets. - MicroStrategy's Bitcoin-centric model enables indirect exposure via corporate equity, holding 553,555 BTC ($52B) and creating a procyclical leverage flywheel through capital-raising. - Regulatory clarity (2025 BITCOIN Act, CLARITY Act) and ETF growth ($132.5B in IBIT) normalize Bitcoin in retirement portfolios, unloc

ainvest2025/08/31 03:15
Bitcoin's Quiet Revolution: How Pension Funds and Corporate Titans Are Rewriting the Rules of Diversification

Ethereum News Today: Ethereum's $4.96B Exit Queue Tests Long-Term Bull Case

- Ethereum (ETH) faces short-term pullback risks near $4,280 after failing to break $4,600, but $1.2B ETF inflows and Layer-2 growth support long-term optimism. - Record $4.96B validator exit queue raises selling pressure concerns, extending withdrawal times to 18 days and testing market resilience. - Institutional confidence grows with $1.2B whale transfers to ETH, robust staking activity, and Standard Chartered's $7,500 year-end price target. - Analysts predict 10.22% 5-day price increase to $4,933, but

ainvest2025/08/31 03:03
Ethereum News Today: Ethereum's $4.96B Exit Queue Tests Long-Term Bull Case

Ethereum News Today: Arbitrum's Governance Model Powers Surging RWA Adoption and TVL Growth

- Arbitrum (ARB) surges 17% in 24 hours, reaching $3.08B market cap via PayPal PYUSD integration and Timeboost upgrades. - Governance token enables DAO voting on protocol upgrades, with 53% of 10B max supply circulating. - TVL hits $3.39B YTD as Ethereum activity drives layer-2 adoption, but ARB remains below $2.40 all-time high. - $14M security fund allocation and DeFi expansion position Arbitrum to compete with Optimism/Op in RWA market.

ainvest2025/08/31 03:03
Ethereum News Today: Arbitrum's Governance Model Powers Surging RWA Adoption and TVL Growth