FIS, an American fintech giant that processes more than $2 trillion in transactions annually in more than 100 countries, announced that its subsidiary Wordplay will be the first financial institution to allow its customers to settle payments directly in USDC.
The newly announced partnership is backed by Circle, the company that issues USDC. Jeremy Allaire, co-founder and CEO of Circle, said the integration of USDC with Wordplay is an important step for the entire stablecoin industry, and the partnership is a key to value A glimpse into the future of frictionless switching.
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.