ACI Worldwide, a global payments technology company, and Circle, the company behind the USDC stablecoin, have announced a partnership to bring stablecoin settlement into existing banking and payment systems across Latin America.
The partnership aims to help banks and financial institutions use USDC, a digital currency tied to the US dollar, alongside traditional payment methods without replacing their current systems.
The companies will combine ACI Worldwide’s cloud-based payment platform, ACI Connetic, with Circle’s USDC technology to explore faster and more connected payment services.
Colombia will be the first focus of the project. ACI Worldwide already supports the country’s Bre-B instant payment system, which allows people and businesses to transfer money between bank accounts in real time.
Building on this system, the two companies will explore how USDC can support digital payments and improve how financial institutions transfer and settle funds.
The partnership comes as more banks across Latin America look into stablecoins as a way to improve payment speed, efficiency and access to digital financial services.
Through ACI Connetic, financial institutions will be able to explore managing traditional payments, card transactions and digital currencies through one platform. This could make it easier for banks to adopt stablecoin technology while continuing to use their existing infrastructure.
Craig Ramsey, global head of account-to-account payments at ACI Worldwide, said the stablecoin industry is moving beyond discussing what the technology can do and is now focusing on how it can work in real banking systems.
Circle’s chief commercial officer, Kash Razzaghi, also highlighted growing interest among Latin American financial institutions in using stablecoins within their current payment networks.
The collaboration is currently focused on testing and demonstrating how USDC settlement could work with existing payment systems, rather than announcing a full commercial rollout.
The move reflects a broader effort to connect traditional banking services with digital currencies, potentially creating more payment options for banks, businesses and consumers across Latin America.
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