Circle Partners with Mastercard and Finastra to Unlock Faster, Cheaper Global Payments

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Circle is tackling the inefficiencies of cross-border payments through new integrations with Mastercard and Finastra, aiming to make USDC settlement a standard option for merchants and financial institutions.

The partnerships promise to reduce settlement times and costs for a wide range of players. Merchants in the EEMEA region can now access near-instant settlement via Mastercard’s network, bypassing traditional banking delays.

For banks, Finastra’s integration on its Global PAYplus platform offers a modern alternative to legacy correspondent banking for international transfers, using USDC as a seamless settlement layer.

This expansion, bolstered by the new federal stablecoin framework, positions USDC as a key infrastructure for the future of global finance.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.