FIS and Circle Bring USDC to Banks in Historic Stablecoin Integration

The announcement heralds the deployment of FIS’s Money Movement Hub, its payment orchestration platform, now integrated with Circle’s blockchain‑native infrastructure, including the Circle Payments Network (CPN) and regulatory‑compliant USDC rails. Financial institutions will be able to tap into real‑time payments, fraud detection, and cross‑border settlement using stablecoins via an existing FIS payment ecosystem.

Jim Johnson, Co‑President of Banking Solutions at FIS, said the firm is committed to “unlocking innovative financial technology that helps move money between the world’s banks, consumers and businesses.” He added that USDC access within a regulated environment provides institutions with new flexibility in payment methods, along with enhanced speed, accuracy and security across the money lifecycle.

Circle’s Chief Business Officer, Kash Razzaghi, highlighted the growing institutional interest in regulated stablecoins following recent legislative clarity. “With the GENIUS Act now enacted as U.S. law, stablecoins are converging with mainstream finance and institutions are increasingly seeking faster, more transparent and economically efficient ways to move money. Payment stablecoins represent a significant opportunity for U.S. financial institutions to modernize and stay competitive. That’s why we’re partnering with FIS - by combining FIS’ ubiquitous banking and payments technology ecosystem with Circle’s blockchain-native infrastructure and USDC, we’re unlocking settlement at internet scale.”

The integration is enabled by the recent enactment of the GENIUS Act, a landmark U.S. law signed by President Trump after passing both the Senate and House. The legislation mandates that stablecoin issuers hold reserves in high-quality liquid assets, such as U.S. Treasuries, and establishes a regulatory framework allowing banking institutions to issue tokenized currencies. Its passage has sparked a wave of institutional interest in regulated stablecoin deployment.

FIS and Circle are positioning themselves at the vanguard of what could become a multi‑hundred‑billion‑dollar market in regulated payment tokens. As stablecoins gain mainstream traction, their role in institutional finance is expanding, fueling new payment models, real-time settlement capabilities, and growing demand for compliant digital dollar infrastructure.

The FIS–Circle agreement dovetails with a broader wave of strategic partnerships in the financial technology space. On June 23, Circle announced a collaboration with Fiserv to explore stablecoin solutions across its financial institution and merchant network. That initiative includes plans by Fiserv to launch its own stablecoin, FIUSD, by year‑end and to build interoperability with PayPal's PYUSD.

The FIS offering, by contrast, taps directly into USDC, already the second‑largest regulated stablecoin globally and governed through Circle’s regulated affiliates. USDC is backed 1:1 by high‑quality U.S. Treasury and cash reserves.

For FIS, the announcement signals to its broad client base, including banks, credit unions, and issuers that it can bridge traditional payment infrastructure with regulated digital‑asset rails in a compliant manner. This move supports FIS’s positioning as a facilitator of innovation in financial services.

Under the partnership, banks that adopt the FIS Money Movement Hub will be able to offer USDC-based domestic and cross-border payments and remittances, without needing to build blockchain infrastructure in-house. These transactions can settle in near real time, reducing reliance on traditional multi-day payment rails and minimizing the need for capital pre-funding.

Given Circle’s stringent compliance architecture for CPN participants, only eligible, licensed financial institutions may participate and FIS’s existing fraud and risk controls, USDC movement via FIS can be offered within familiar regulatory guardrails.

FIS confirmed that the integration with Circle’s stablecoin rail is expected to launch before year‑end, with a phased rollout approach depending on client readiness and regulatory reviews. Participating banks will be able to offer USDC-based payment and remittance capabilities, accessing real‑time (or near real‑time) settlement via FIS’s existing infrastructure, without needing to build blockchain architecture in-house.

The FIS–Circle partnership marks a major step in the evolution of digital‑asset integration with traditional finance in the United States. By combining FIS’s omnichannel payments platform with Circle’s USDC and CPN infrastructure under regulated frameworks, financial institutions can now access a compliance‑first route to real‑time, cross‑border stablecoin transactions. As stablecoin regulation matures, and competing offerings such as FIUSD, PYUSD and deposit tokens emerge, FIS’s move provides both a strategic edge and a blueprint for bridging the internet-native digital dollar and legacy bank systems for the era ahead.