StaFi (FIS) had a notable presence in major market news, reflecting a diverse range of activities and partnerships.
FedNow ended 2023 with 300-plus financial institutions utilising its instant payments network, likely contributing to the increased adoption of FIS. A FIS panel discussed the coexistence of
CBDCs and stablecoins, offering a positive outlook for the future of cryptocurrency. FIS also announced a partnership with
Fireblocks to offer crypto trading, DeFi, and staking services to its global clients. In another partnership, FIS is teaming up with NYDIG to offer Bitcoin services. FIS' subsidiary, Worldpay, plans to enable USDC settlements on Polygon, advancing its cryptocurrency capabilities. Meanwhile, a blockchain partnership between
Billon and FIS has been announced. FIS is also building a Banking-as-a-Service hub for financial institutions, highlighting the expansive reach of its operations. A partnership with The Clearing House intends to set up quick payments for US banks, potentially increasing FIS coin's usability. Furthermore, Worldpay from FIS announced that it will be the first global merchant acquirer to offer direct USDC settlement, driving digital currency adoption to businesses. Risks exist, however, such as the regulatory and legal challenges faced by the digital assets space, and the 30% tax proposed by India on crypto income. Despite these challenges, the growing adoption and usability of FIS coin presents a promising outlook.
FIS Coin News Analytics from Mon, 19 Jan 2009 08:00:00 GMT to Mon, 16 Sep 2024 04:31:00 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 2
