In a strategic move to modernize global money transfers, ClearBank has announced its partnership with Circle, the issuer of the MiCA-compliant stablecoins USDC and EURC. The collaboration will see ClearBank join the Circle Payments Network (CPN) — a blockchain-based infrastructure designed to deliver faster, low-cost cross-border transactions for European businesses and financial institutions.
Faster, Regulated, and Blockchain-Driven Payments
ClearBank, a regulated U.K. clearing bank known for its cloud-native banking platform, will integrate directly with CPN to enable clients to send and receive stablecoin payments with near-instant settlement speed. This move is expected to significantly improve efficiency for firms operating across multiple jurisdictions while ensuring regulatory transparency under Europe’s Markets in Crypto-Assets (MiCA) framework.
Through the partnership, ClearBank clients will gain access to Circle Mint, a platform that allows institutions to mint and redeem USDC and EURC — both fully backed by fiat reserves. These stablecoins are positioned to serve as reliable digital alternatives to traditional currencies, bridging the gap between blockchain finance and mainstream banking.
“This partnership marks a milestone in our mission to transform how global finance moves,” said Mark Fairless, CEO of ClearBank. “By working with Circle, we’re enabling our clients to access programmable money with the speed and compliance modern finance demands.”
Meanwhile, Sanja Kon, Circle’s VP for EMEA partnerships, emphasized that the collaboration would expand access to “open, programmable money” and help integrate digital assets into Europe’s financial infrastructure.
Expanding Opportunities: Tokenization and Treasury Innovation
Beyond payments, the partnership will explore new applications such as stablecoin-based treasury management and tokenized asset settlements — innovations expected to make corporate payments, remittances, and financial operations more efficient by reducing dependence on legacy systems.
The integration represents a pivotal moment for the European digital finance ecosystem, highlighting how regulated banks and blockchain networks are converging to shape the next era of global payments.
With ClearBank joining Circle’s network, the future of stablecoin-powered finance in Europe looks faster, smarter, and fully compliant.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.