Circle has entered a partnership with payment technology firm Volante Technologies to integrate USDC-related workflows into Volante’s existing payments platform. The setup is designed to let financial institutions bring stablecoin payments and settlement into their current systems without building a separate digital asset technology stack. According to the information released, Volante’s client base includes four of the world’s top five corporate banks and seven of the top 10 U.S. banks. Those institutions will be able to assess a range of USDC functions, including minting, redemption, wallet registration, liquidity funding, and wallet-to-wallet payments, while using them alongside existing payment rails. The announcement centers on operational integration and institutional access to USDC workflows through infrastructure already used in banking payments.
Circle has partnered with payment technology company Volante Technologies to integrate USDC workflows into Volante’s existing payments platform.
Under the arrangement, financial institutions can add stablecoin payments and settlement to their current systems without building a separate digital asset technology stack. Volante said its clients include four of the world’s top five corporate banks and seven of the top 10 banks in the United States.
Those institutions will be able to evaluate processes tied to USDC, including minting, redemption, wallet registration, funding, and wallet-to-wallet payments, alongside existing payment rails.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
