ClearBank announces plans to join Circle’s payments network to power faster, more connected finance
- ClearBank to leverage Circle’s technology to offer European clients access to MiCA-compliant stablecoins USDC and EURC
- ClearBank plans to join Circle Payments Network, enabling seamless, near-instant global money movement across previously fragmented networks
ClearBank, the technology-enabled clearing bank, today announced that it has signed a strategic framework agreement with a subsidiary of Circle Internet Group, Inc. (NYSE: CRCL) (“Circle”), a global financial technology firm and stablecoin market leader, to collaborate on a range of initiatives in the European market.
Initially, this collaboration will focus on expanding access to USDC and EURC—Circle’s MiCA-compliant, fully reserved stablecoins—through Circle Mint in Europe. This step positions ClearBank as a key infrastructure provider for financial institutions and fintechs seeking compliant, and multi-currency stablecoin solutions for payments, treasury and liquidity use cases.
ClearBank also plans to become one of the first European banks to join Circle Payments Network (CPN), enabling clients to move value globally with internet-speed and blockchain transparency. By integrating with Circle’s infrastructure, including Circle Mint and CPN, ClearBank is connecting its cloud-native banking platform to Circle’s stablecoin settlement network, helping to bridge traditional and digital finance for faster, lower-cost cross-border transactions.
ClearBank and Circle are also exploring additional strategic use cases, including stablecoin-based treasury solutions and future tokenized asset settlement integrations - laying the groundwork for next-generation financial services.