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.