Circle partnered with Finastra to promote banks to use stablecoins for cross-border payments

Huobi HTX reported that financial software company Finastra announced a partnership with stablecoin issuer Circle to help banks access stablecoin USDC in their cross-border payment process. Through this cooperation, banks can choose to use USDC for settlement without relying on the traditional corresponding banking system, thereby obtaining more flexible and innovative settlement solutions.