ClearBank, the UK-based technology-enabled clearing bank, has announced a strategic framework agreement with a subsidiary of Circle Internet Group, Inc., the global fintech firm behind the USDC and EURC stablecoins.
The partnership aims to accelerate the adoption of compliant digital currency infrastructure across Europe.
Under the agreement, the two firms will collaborate on a range of initiatives to enhance access to Circle’s fully reserved, MiCA-compliant stablecoins, USD Coin (USDC) and Euro Coin (EURC).
The initial phase will focus on expanding access through Circle Mint, Circle’s platform that enables institutional clients to seamlessly exchange fiat currencies for stablecoins and vice versa.
ClearBank’s participation positions it as a key infrastructure provider for financial institutions and fintechs seeking regulated, multi-currency stablecoin solutions for payments, liquidity management, and treasury operations.
As part of the collaboration, ClearBank also plans to become one of the first European banks to join the Circle Payments Network (CPN), allowing clients to move value globally with blockchain transparency and near-instant settlement.
By integrating its cloud-native banking platform with Circle’s blockchain infrastructure, ClearBank aims to bridge traditional banking and digital finance, enabling faster, lower-cost cross-border transactions.
The partners are further exploring new use cases, including stablecoin-powered treasury tools and tokenized asset settlement solutions, to support the next generation of financial services.
ClearBank’s initiative reflects a growing trend among European financial institutions seeking to bring digital assets within regulated banking frameworks.
The move comes as the bank expands its European footprint following approval from the European Central Bank, positioning it to support digital currency adoption under the EU’s new Markets in Crypto-Assets (MiCA) regulation.
With this collaboration, ClearBank and Circle are signaling a major step toward unifying traditional finance and blockchain-based payments under a compliant, scalable framework.