ClearBank Europe has launched its digital asset rails, a new capability enabling programmable liquidity for cross-border settlement.
Now live, the service is being used by clients for cross-border payment flows, with USDC to be offered later in the year.
The rails allow clients to convert fiat into fully reserved digital equivalents through EURC, transfer value more efficiently, and redeem back into fiat with payouts via SEPA Instant.
Mark Fairless, group CEO of ClearBank, said: “This launch is a further step forward in how we deliver on our purpose to unlock our clients’ potential. As the financial system evolves, clients need infrastructure that keeps pace with how they operate today.
“At ClearBank, we are building that infrastructure. By combining our cloud-native platform with regulated banking, we are removing friction from cross-border flows and giving clients a more effective way to control and deploy liquidity. This is the direction of travel for the industry, and we are focused on enabling our clients to move with it confidently.”
Positioned by the firm to address long-standing constraints in global payments, the rails enable regulated institutions to make stablecoin transfers and deliver fiat payments through established banking rails.
EURC is Circle’s MiCA-compliant euro stablecoin issued through its regulated EU e-money institution, while ClearBank provides the regulated banking layer, including fiat account infrastructure and SEPA Instant access.
“Digital asset rails gives regulated institutions a new way to manage cross-border liquidity and settlement,” added Tristan Kirchner, CEO of ClearBank Europe.
“By connecting digital asset transfers with fiat payouts via SEPA Instant, it enables clients to move value more efficiently and with greater flexibility than traditional cross-border processes typically allow.”
