Circle-FIS Partnership Integrates USDC into Traditional Banking via GENIUS Act

Circle, the issuer of the dollar-pegged stablecoin USDC, has partnered with financial technology firm FIS to integrate USDC into traditional banking systems, marking a significant step in the stablecoin’s expansion into mainstream finance. The collaboration, announced on July 10, 2025, will enable U.S. banks to offer customers domestic and cross-border payments using USDC via FIS’ “Money Movement Hub,” a platform that connects to established payment networks like ACH and Fednow [1]. This development follows the enactment of the GENIUS Act by Congress, which legalizes the creation of stablecoins by financial institutions and paves the way for broader adoption [1].

The integration leverages FIS’ global infrastructure, which spans 46 U.S. states and Europe, to streamline compliance and technical processes for banks adopting USDC [2]. By handling regulatory hurdles and operational logistics, FIS aims to reduce barriers for institutions hesitant to engage with digital assets. Circle’s Chief Business Officer, Kash Razzaghi, emphasized that stablecoins like USDC represent a “significant opportunity for U.S. banks to modernize and stay competitive,” offering faster, more transparent, and cost-effective alternatives to traditional payment systems [2].

USDC, with a market capitalization of $64 billion, is already the second-largest stablecoin globally, trailing only Tether’s $164 billion USDT [1]. Analysts suggest the partnership could accelerate the digitization of banking services, particularly in cross-border transactions, where stablecoins currently outperform traditional systems in speed and cost efficiency [3]. FIS’ recent investments in blockchain technology further align with this strategy, positioning the firm to support evolving payment ecosystems [4].

The initiative is expected to launch by late 2025, expanding USDC’s utility in both domestic and international markets. However, challenges remain, including ensuring consistent regulatory alignment across jurisdictions and maintaining liquidity and transparency for stablecoin users. Despite these hurdles, the collaboration underscores growing industry confidence in hybrid financial models that blend traditional and digital systems.

Source: [1] FIS - [https://www.fisglobal.com/about-us/media-room/press-release/2025/fis-partners-with-circle-to-unlock-stablecoin-money-movement](https://www.fisglobal.com/about-us/media-room/press-release/2025/fis-partners-with-circle-to-unlock-stablecoin-money-movement)

[2] PYMNTS.com - [https://www.pymnts.com/cryptocurrency/2025/fis-and-circle-to-help-financial-institutions-use-usdc-stablecoin/](https://www.pymnts.com/cryptocurrency/2025/fis-and-circle-to-help-financial-institutions-use-usdc-stablecoin/)

[3] Bloomberg - [https://www.bloomberg.com/news/articles/2025-07-28/fis-partners-with-circle-to-offer-bank-stablecoin-payments](https://www.bloomberg.com/news/articles/2025-07-28/fis-partners-with-circle-to-offer-bank-stablecoin-payments)

[4] The Digital Banker - [https://thedigitalbanker.com/fis-partners-with-circle-to-bring-usdc-payments-to-financial-institutions/](https://thedigitalbanker.com/fis-partners-with-circle-to-bring-usdc-payments-to-financial-institutions/)