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Circle Partners with ACI Worldwide to Enable USDC Settlements in Latin America

(3 hours ago) · 1 source · Summarized by CryptoBipto

Circle, the issuer of the USDC stablecoin, has partnered with payment technology company ACI Worldwide to integrate USDC-based settlement into payment operations across Latin America. The partnership aims to allow merchants and financial institutions in the region to settle transactions using USDC rather than traditional banking rails.

WHY IT MATTERS

Stablecoins are cryptocurrencies designed to hold a steady value, usually pegged to a traditional currency like the U.S. dollar.

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SOURCES

  • newsbtc.com

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USDCStablecoinsPayment InfrastructureLatin AmericaCross-Border PaymentsInstitutional Adoption