Circle and ClearBank have announced their strategic framework at Money 20/20 to expand stablecoin access in Europe.
The collaboration will focus on expanding access to USDC and EURC, Circle’s MiCA-compliant, fully reserved stablecoins, through Circle Mint in Europe.
“Circle is redefining how money moves globally, and this collaboration will bring together our strengths in regulated banking infrastructure with their leadership in digital currency technology,” said Mark Fairless, chief executive officer at ClearBank.
“Together, we’re building the bridge between today’s financial system and the next generation of money movement.”
ClearBank plans to become one of the first European banks to join the Circle Payments Network (CPN), allowing clients to move value globally with internet speed and blockchain transparency.
By integrating its cloud-native banking platform with Circle’s infrastructure, including Circle Mint and CPN, ClearBank will help bridge traditional and digital finance for faster, lower-cost cross-border transactions, according to the firm.
ClearBank and Circle are also exploring additional use cases, including stablecoin-based treasury solutions and future tokenised asset settlement integrations.
