Circle has teamed up with financial technology provider FIS to embed $USDC into traditional banking infrastructure through FIS’s Money Movement Hub. This partnership comes on the heels of the passage of the GENIUS Act, which paves the way for payment stablecoins to become more integrated with traditional finance in the U.S.
Through this partnership, FIS and Circle will enable U.S. financial institutions to offer their customers the option to make domestic and cross-border stablecoin payments using USDC, the stablecoin issuer noted in a press release. Integration into FIS’s Money Movement Hub offers seamless access across multiple payment networks—ACH, wire, real-time rails—via one platform, improving speed, accuracy, and security.
Transaction volume & impact
By enabling banks to use USDC, Circle and FIS are bridging blockchain-native liquidity with regulated finance, offering faster real‑time payouts and cross-border transfers at lower cost than traditional rails. Since its launch in 2018, USDC has grown into a top-tier stablecoin, fully backed by U.S. reserves. As of mid‑2025, nearly $62 billion of USDC was in circulation, just behind Tether.
Whereas, FIS processes trillions in financial flows annually. By embedding USDC into its ecosystem, it will give banks, especially regional and community institutions, a compliant entry point into stablecoin usage. 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.
Moreso, Circle recently went public, raising $1.1 billion in its NYSE IPO, achieving a multibillion‑dollar valuation and signaling strong institutional confidence in its trajectory.