(27 August 2025 – Global) Finastra has partnered with Circle to integrate USDC stablecoin settlement into cross-border payment flows for banks.
The tie-up connects Circle’s infrastructure with Finastra’s Global PAYplus (GPP) platform, allowing settlement in USDC even if payment instructions remain in fiat. According to the partners, this reduces reliance on correspondent banking networks, speeds up settlement, and preserves compliance and FX processes.
“This collaboration is about giving banks the tools they need to innovate in cross-border payments without having to build a standalone payment processing infrastructure,” said Chris Walters, CEO of Finastra.
Jeremy Allaire, CEO of Circle, added: “Together, we’re enabling financial institutions to test and launch innovative payment models that combine blockchain technology with the scale and trust of the existing banking system.”