ClearBank and Circle partner to power faster, compliant cross-border payments
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.
Mark Fairless, chief executive officer at ClearBank, said: “Joining Circle Payments Network will be a significant milestone in ClearBank’s evolution as a cross-border payments innovator. 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. Together, we’re building the bridge between today’s financial system and the next generation of money movement”
Sanja Kon, VP, partnerships & business development, EMEA at Circle, said: “We’re delighted that ClearBank is planning to join Circle Payments Network. In addition, our collaboration will expand access to USDC and EURC, enabling faster settlement, greater transparency, and new financial services built on open, programmable money.”
The collaboration underscores both companies’ shared commitment to innovation, regulatory compliance, and interoperability across financial systems.