ClearBank to Join Circle Payments Network, Expanding Access to MiCA-Compliant Stablecoins

U.K. neobank ClearBank is partnering with Circle Internet Group to integrate its cloud-native banking platform with the Circle Payments Network (CPN). This strategic agreement positions ClearBank as one of the first European banks to join CPN, enabling near-instant, lower-cost global fund transfers while maintaining regulatory transparency. The collaboration focuses on expanding access to Circle Mint, allowing financial institutions to mint and redeem USDC and EURC, both of which are fully reserved and designed to comply with Europe's Markets in Crypto-Assets (MiCA) regulation. ClearBank also plans to explore new use cases with Circle, such as stablecoin-based treasury services and tokenized asset settlements, aiming to modernize cross-border finance by reducing reliance on legacy banking systems.

(Source：CoinDesk)