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Fintech Giant FIS Will Allow USDC to Be Used as a Settlement Currency for Its Subsidiary Worldpay

By WebsCryptoApril 8, 20221 Min Read
Fintech Giant FIS Will Allow USDC to Be Used as a Settlement Currency for Its Subsidiary Worldpay
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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.

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