FIS partnered with Circle to enable banks to transact in USDC, while Fiserv is noted as a direct competitor in digital asset platforms.
2 reports, 1 independent
Updated Aug 5
Gone quiet
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
FIS partnered with Circle to enable banks to transact in USDC, while Fiserv is noted as a direct competitor in digital asset platforms.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
-
Fidelity National Information Services
company
-
Circle
peer-to-peer payments technology company
- Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.
- Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.
Related events
- MoneyGram chose Circle's USDC for payments, amidst intense stablecoin market competition and the dissolution of past partnerships.
- Circle is linked to broader crypto market trends, while Coinbase has heavy exposure to digital asset trading activity.
- Circle is building its own blockchain via Arc and testing stablecoin rails on Base, while facing market pressures regarding high distribution partner costs.
Coverage
Newest first; wire copies grouped- American BankerHow FIS is responding to the stablecoin wave df Bank technology giant Fiserv jumped on the stablecoin train quickly, announcing plans to issue its own coin before the enabling Genius Act was signed i
- Unknown outlet