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
South Korea plans to ban corporate investments in stablecoins, and USDT and USDC may be excluded from the permitted scope.
Gate News Report, March 7 — According to Korean media, the Korea Financial Services Commission is drafting the "Corporate Virtual Currency Trading Guidelines," which may exclude stablecoins from the permitted investment scope. The guidelines will outline the standards for listed companies and registered professional investment firms to trade digital assets for investment or financial purposes. To prevent reckless investments in the early stages of the market, regulators have decided to exclude dollar-pegged stablecoins such as Tether (USDT( and USD Coin )USDC( from the allowable investment range.
GateNews1h ago
Circle Settles $68M in USDC Transfers Across 8 Entities
Circle used USD Coin to settle $68M across eight entities in under 30 minutes via its Circle Mint treasury platform.
The stablecoin workflow replaced bank wires that usually take one to three days, enabling faster intercompany treasury settlements.
Circle Mint maintained treasury
CryptoFrontNews2h ago
Circle completes $68 million in internal settlement using USDC in less than 30 minutes
Circle CEO Jeremy Allaire stated that the company recently used USDC and Circle Mint to settle $68 million cross-company transactions in less than 30 minutes, replacing the traditional fiat wire transfer process that takes 1-3 days. This method has full auditability and is expected to be adopted by more enterprises in the future.
GateNews4h ago
A whale deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH.
Gate News Report, March 7 — Onchain Lens monitoring shows that a whale address starting with 0x218A deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH. This whale has previously accumulated profits of over $11.8 million.
GateNews9h ago
USDC Treasury mints an additional 250 million USDC on the Solana chain
Gate News Report, March 6 — According to Whale Alert monitoring, the USDC Treasury just minted 250 million USDC on the Solana chain, worth approximately $250 million.
GateNews19h ago
