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Circle and Finastra have partnered to integrate USDC stablecoin settlement into Finastra’s global banking infrastructure, aiming to modernize cross-border payments. This collaboration will allow banks using Finastra’s platform to settle transactions in USDC, reducing costs and delays associated with traditional fiat currencies. Regulatory scrutiny of stablecoins is increasing, but they are seen as a complementary solution to improve the efficiency of cross-border payments.
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