Circle pushes USDC deeper into global payments with Mastercard, Finastra deals
Circle is enhancing the integration of USD Coin (USDC) into global payment systems through new partnerships with Mastercard and Finastra, targeting regions in Africa, Asia, Europe, and the Middle East. Mastercard announced its ability to allow merchants in Eastern Europe, the Middle East, and Africa to settle transactions using USDC and Euro Coin, with Arab Financial Services and Eazy Financial Services being the initial adopters. Furthermore, Finastra has integrated USDC into its Global PAYplus platform, which processes over $5 trillion in cross-border transactions every day, enabling banks in 50 countries to settle international payments in USDC while keeping the payment instructions in fiat currency. These initiatives follow recent U.S. legislation that lays the framework for stablecoins, furthering USDC’s global liquidity and attractiveness in major markets. Notably, Circle is also exploring partnerships in Asia and Japan to boost USDC adoption and develop new financial platforms.
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