Circle has announced a strategic partnership with UK neobank ClearBank to facilitate cross-border payments using its USDC and EURC stablecoins. This collaboration makes ClearBank one of the first European banks to integrate with Circle's CPN (Circle Partner Network), enabling near-instant global fund transfers that comply with the new Markets in Crypto-Assets (MiCA) regulation. The integration will utilize the Circle Mint platform, allowing financial institutions to mint and redeem the stablecoins, aiming to streamline treasury operations and remittances. The partnership is a key step in expanding access to regulated, programmable digital currency in Europe, enhancing transparency and enabling the development of new financial services built on blockchain technology.
Circle Partners with UK's ClearBank to Enable MiCA-Compliant Stablecoin Payments in Europe
CRCL
Related News
CRCL
USDC Monthly Transactions Surge 20-Fold as Layer-2 Adoption Shifts Stablecoin to Payments
CRCL
Circle Shares Slump as Zacks Downgrade Collides With Critical White House Crypto Talks
CRCL
🔴 CRCL is trading 3.2% down today on crypto market weakness and geopolitical tensions
CRCL
Circle Internet Group Rises Ahead of Crucial White House Crypto Summit
CRCL