The post ClearBank Joins Circle to Bring USDC and EURC to Europe’s Banking Rails appeared on BitcoinEthereumNews.com.

ClearBank has signed a framework deal with Circle Internet Financial to expand USDC and EURC in Europe. The move connects ClearBank’s regulated banking systems with Circle’s blockchain rails to deliver faster and cheaper cross-border transfers. The partnership, announced on Monday, shows how traditional banks are beginning to integrate digital currencies into payment systems. Europe is racing to adopt Markets in Crypto-Assets (MiCA)-compliant stablecoins and tokenized settlement models. Banks Adopt Stablecoins for Real-World Settlement ClearBank will join the Circle Payments Network (CPN) and integrate with Circle Mint. This setup allows financial institutions and fintechs to issue and redeem stablecoins directly. Sponsored Sponsored “This collaboration marks a milestone in connecting regulated banking systems with blockchain-based payments,” said Mark Fairless, CEO of ClearBank. “By combining our cloud platform with Circle’s digital-asset expertise, we can help clients transact globally at internet speed,” he added. Circle’s Vice President for Partnerships EMEA, Sanja Kon, described the deal as “a step toward an open, programmable financial system.” She said it would deliver “greater transparency, efficiency, and reach” to institutional payments. In September, Circle worked with Deutsche Börse Group to bring USDC and EURC settlement to 360T Markets. These steps show the growing link between banks and tokenized money networks. Founded in 2016, ClearBank is a UK-based regulated fintech bank. It provides payment infrastructure, clearing, and embedded financial services. The firm remains privately held and is not publicly listed. Europe’s Digital Currency Shift Gains Momentum At the same time, ClearBank’s move comes as the European Union prepares the MiCA rule, which is due in 2026. It will require stablecoin issuers to keep one‑to‑one reserves and publish audits. In addition, several banks are already testing digital currencies. For example, ING and  ABN AMRO tried euro‑based tokenized deposits. Banco Santander tested blockchain bond settlements through the European Investment Bank’s platform. The Swiss National Bank ran wholesale CBDC trials with six banks, showing how public and private…

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Filed under: News - @ October 28, 2025 4:24 am