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How FIS is responding to the stablecoin wave
Bank technology giant Fiserv jumped on the stablecoin train quickly, announcing plans to issue its own coin before the enabling Genius Act was signed into law. While rival FIS has not yet gone that far, it is also betting that thousands of banks will want to tap stablecoins. "Stablecoins are having their time in the sun now, and that's a good thing" Himal Makwana, global head of corporate strategy at FIS, told American Banker.FIS has partnered with Circle to enable banks to transact in USDC, Circle's stablecoin, part of a mult-pronged strategy to support stablecoins while enabling interoperability among digital ... (full story)
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