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The UK-based neobank ClearBank is planning to join the Circle Payments Network.
BlockBeats News, October 27th, according to CoinDesk's report, ClearBank, a crypto-friendly UK challenger bank and regulated Faster Payments provider, plans to join the Circle Payments Network (CPN), connecting its cloud-native banking platform with Circle's blockchain infrastructure to accelerate cross-border payment speeds and provide access to regulated stablecoins.
This move comes after the UK-based clearing bank formed a new strategic partnership with Circle Internet Group, the issuer of USDC and EURC stablecoins. ClearBank will be one of the first European banks to join CPN, enabling customers to conduct global fund transfers at near-instant speeds while maintaining regulatory transparency.
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