Finastra has announced a partnership with Circle to integrate the USDC stablecoin into its payment hub, enabling banks to use USDC for cross-border payment settlements. This integration will be initially applied to Finastra's Global PAYplus (GPP) system, which handles over $5 trillion in cross-border payment flows daily. The collaboration aims to reduce reliance on costly correspondent networks and offer faster, more cost-effective settlement services. By combining blockchain technology with the scale and trust of existing banking systems, the partnership will allow banks to test and launch innovative payment models. This move is expected to enhance the efficiency and speed of cross-border transactions, leveraging the benefits of stablecoins in the financial sector.