ClearBank will connect to the Circle Payment Network CPN.

GateNews
USDC0.01%

PANews, October 27th news, according to CoinDesk, ClearBank will connect to the Circle Payments Network (CPN) to provide near-instant cross-border fund transfers for European clients and expand access to USDC and EURC (compliant with MiCA). The two parties have reached a strategic cooperation, with ClearBank integrating Circle Mint to support stablecoin minting and redemption. ClearBank and Circle will also explore scenarios such as stablecoin digital treasury and RWA Settlement, dropping the reliance of corporate payments and remittances on traditional clearing.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pharos Network Expands With Circle’s USDC and Crosschain CCTP Infrastructure

_Pharos Network to integrate USDC as a primary settlement and collateral asset for DeFi and payments_ _CCTP enables direct USDC transfers across blockchains without bridges or wrapped tokens_ _Pharos launches a $10M incubator to support USDC-based DeFi and RWA projects._ Pharos Network

LiveBTCNews3h ago

A giant whale deposited 4 million USDC into Hyperliquid and bought more than $2 million worth of HYPE

Gate News report, on March 28th, according to Onchain Lens monitoring, a certain whale address deposited 4 million USDC into Hyperliquid and began buying HYPE tokens. Currently, this address has purchased over 56,208 HYPE, worth over 2 million dollars. The whale still has TWAP (Time Weighted Average Price) orders to further increase its position, and it is expected to complete all buying operations in about 10 hours.

GateNews8h ago

A certain whale deposited 4 million USDC into HyperLiquid and began accumulating HYPE.

BlockBeats news, on March 28, according to OnchainLens monitoring, a giant whale address deposited 4 million USDC into HyperLiquid and began buying HYPE. Currently, the address has accumulated over 200 million dollars' worth of 56,208 HYPE, and there is still a TWAP (Time Weighted Average Price) order being executed, which is expected to complete further accumulation in about 10 hours.

BlockBeatNews8h ago

Circle Reverses KYT Freeze on 500 Casino and Whale USDC Wallets

Circle has unfrozen two hot wallets linked to 500 Casino and a crypto whale after a compliance freeze blocked user withdrawals at a centralized exchange. The lack of transparency regarding the initial freeze raises concerns about centralized control over assets.

LiveBTCNews11h ago
Comment
0/400
No comments