ACI and Circle Launch USDC Settlement Pilot in Colombia

ACI Worldwide and Circle announced a collaboration to test USDC settlement in Colombia. The pilot will use ACI’s Connetic platform alongside Circle’s USDC infrastructure.

Connetic is described as a cloud-native platform that combines traditional payment types, digital assets, and card payments. It will serve as the orchestration environment for the pilot.

Circle’s USDC infrastructure provides the stablecoin component for evaluation. The collaboration is framed as an integration pilot, not a full-scale implementation of USDC settlement.

Institutions will assess how USDC can fit into their existing treasury operations, governance, and settlement processes. Connetic allows these institutions to evaluate alternative settlement options within a unified environment.

Circle describes USDC as a fully reserved stablecoin redeemable one-for-one for U.S. dollars. The company’s Mint service allows eligible institutions to redeem USDC for dollars, though individuals and small businesses cannot access this directly.

The announcement does not specify how USDC will be accessed during the pilot or provide Colombia-specific data on settlement speed or cost. No participating banks or transaction volumes are mentioned.