Finastra Integrates USDC to Speed Up Cross-Border Payments
Date: 2025-08-28 Author: Henry Casey Categories: BUSINESS
Finastra, a well-known provider of software for large banks, has announced a strategic partnership with Circle, the issuer of the USDC stablecoin. As part of the collaboration, the stablecoin will be integrated into the Global PAYplus (GPP) solution, which will open up new opportunities for cross-border payments.
Global PAYplus serves 45 of the world's 50 largest banks and provides connections to payment systems such as SWIFT, SEPA and ACH. The platform processes cross-border transfers worth about $5 trillion daily. The integration of USDC will allow banks to use the stablecoin for settlements without abandoning their familiar infrastructure for working with fiat currencies.
The main goal of the implementation of USDC is to speed up international transactions and reduce dependence on traditional correspondent banking chains. At the same time, compliance and currency control requirements are maintained thanks to Circle’s registration in key jurisdictions, including the European Union.
“Partnering with Circle gives banks the tools to implement innovative solutions in the field of cross-border payments without the need to build a separate infrastructure. By connecting our payment center to the stablecoin network, we open up new payment options for our clients,” said Chris Walters, CEO of Finastra.
The integration of USDC into GPP will be the first step in the wider implementation of Finastra stablecoins. Previously, Circle partnered with Mastercard to implement USDC and EURC in the EEMEA region, which allows acquirers connected to the system to accept payments in these assets.
Thus, Finastra aims to accelerate the digital transformation of banking operations, while maintaining the reliability and control familiar to traditional financial systems. The integration of USDC into major platforms opens the way to more efficient, transparent and fast international settlements, creating the conditions for the widespread adoption of digital currencies in the banking sector.
The partnership with Circle reflects the global trend of introducing stablecoins into traditional financial structures, allowing banks to combine the speed and convenience of digital assets with the security and regulatory standards of classic payment systems.
The combination of Finastra and Circle creates a platform for new financial innovations, where digital currencies can be used alongside fiat, accelerating settlements and reducing operational risks, which is especially important for large international banks and their clients.
In short, the integration of USDC into GPP is a significant step towards the digitalization of cross-border payments, which opens up new horizons for banking technologies and financial innovations.
