Fiserv and Circle announced a partnership to develop stablecoin-enabled solutions.
1 report, 0 independent
Updated Jun 26
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What happened
Fiserv and Circle announced a partnership to develop stablecoin-enabled solutions.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Fidelity National Information Services
company
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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
- South Korean reforms are fast-tracking the legalization of KRW-backed stablecoins, attracting significant retail investment.
- Banks are launching stablecoin initiatives as a competitive strategy to counteract the growing market share of non-bank financial competitors.
- Stablecoin growth signals deeper roots for crypto rally.
- 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- Unknown outlet