ClearBank plans to join Circle Payments Network

Cloud-based clearing bank ClearBank plans to join the Circle Payments Network (CPN) to connect its cloud-native banking platform with Circle's blockchain infrastructure to accelerate cross-border transfers and provide access to regulated stablecoins. The move follows a new strategic agreement between the UK-founded clearing bank and Circle Internet Group, the issuer of the USDC and EURC stablecoins. ClearBank will be one of the first European banks to access the CPN, enabling customers to make global money transfers at near-instant speeds while maintaining regulatory transparency.