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ClearBank and Circle Transform International Payments Using MiCA-Regulated Stablecoins

ClearBank and Circle Transform International Payments Using MiCA-Regulated Stablecoins

Bitget-RWA2025/10/27 10:30
By:Bitget-RWA

- ClearBank joins Circle's CPN to expand MiCA-compliant stablecoin access across Europe, linking its banking platform with blockchain infrastructure. - The partnership enables faster cross-border transactions using USDC/EURC, reducing reliance on traditional banking systems for payments and remittances. - ClearBank becomes one of Europe's first banks to integrate with CPN, leveraging Circle's Mint platform for regulated stablecoin minting and redemptions. - The collaboration reflects growing stablecoin ado

ClearBank, a neobank from the UK known for its crypto-friendly approach and as a regulated Faster Payments provider, is preparing to become part of the

Payments Network (CPN). This move represents an important advance in broadening the reach of Markets in Crypto-Assets (MiCA)-compliant stablecoins throughout Europe. Announced in a , the partnership will connect ClearBank’s cloud-based banking system with Circle’s blockchain technology, making cross-border payments quicker and improving access to regulated stablecoins such as and EURC, according to a .

This alliance makes ClearBank one of the earliest European banks to join CPN, a network built to enable almost instant international value transfers with the transparency of blockchain. By utilizing Circle’s Circle Mint platform, ClearBank will let financial organizations issue and redeem USDC and EURC tokens, which are fully backed and comply with MiCA standards, as stated in the press release. The integration is anticipated to lessen dependence on conventional banking for daily tasks like business payments and global money transfers, leading to lower costs and faster processing, FintechNews reported.

ClearBank and Circle Transform International Payments Using MiCA-Regulated Stablecoins image 0

ClearBank CEO Mark Fairless called this development a “milestone” for updating international finance, highlighting the strong fit between ClearBank’s regulated banking platform and Circle’s expertise in digital currencies, as mentioned in the press release. Sanja Kon, Circle’s VP of EMEA partnerships, noted that the collaboration will broaden access to “open, programmable money,” allowing for quicker settlements and supporting new financial innovations, FintechNews reported.

This partnership also mirrors a wider trend in the industry toward stablecoin-powered payments. Since Circle introduced CPN in April 2025, its main revenue-sharing partner, Coinbase, has already adopted stablecoin services. ClearBank’s participation in CPN highlights the increasing importance of stablecoins in making cross-border payments more efficient while staying within strict regulatory boundaries, the press release stated.

It’s worth noting that ClearBank had previously considered launching its own stablecoin but encountered regulatory challenges, especially from the Bank of England, according to the press release. By choosing to use Circle’s infrastructure, ClearBank is taking a practical route through Europe’s changing crypto environment. The partnership also paves the way for future applications, such as stablecoin-based treasury management and tokenized asset settlements, FintechNews reported.

With MiCA rules coming into full force, this collaboration fits into a broader movement of crypto companies aiming for regulatory benefits in the EU. While ClearBank is pushing payment innovation, other companies like Blockchain.com have obtained MiCA licenses in Malta, as reported by

. Still, regulatory differences remain across the EU, with authorities in France, Austria, and Italy recently urging for more robust oversight at the EU level to address gaps in national regulation, the Yahoo Finance report also mentioned.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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