Deployments · platform by ClearBank
ClearBank Digital Asset RailsNew
ClearBank Europe's service converting client fiat into Circle's MiCA-compliant EURC stablecoin, transferring it digitally, then redeeming it back into euros paid out around the clock through SEPA Instant. Client wallets run on Taurus-PROTECT, integrated with Circle Mint for minting and redemption. Launched for ClearBank's European clients, with USDC and international expansion planned for later in 2026.
AnnouncedProof of conceptPilotLive (limited)Live (scaled)
Live (limited) since 28 May 2026[1] — Initially available to ClearBank Europe's regulated institutional clients (EMIs, PIs, banks, MiCA-regulated firms). · Reviewed today
- Assets
- Stablecoin[1]EURC, Circle's MiCA-compliant euro stablecoin, used as the digital leg between fiat conversion and redemption.
- Networks
- Use cases
- Cross-border payments[1][2]
- Jurisdictions
- European Union
Participants
- ClearBankPlatform provider, Operator[1]United Kingdom
- CircleIssuer, Technology provider[1]United States
- TaurusTechnology provider[1]Switzerland
Likely relevant regulation
Assets
- Settles inEURC (EURC)[1]
Timeline
- Happened 28 May 2026 · Launch · recorded 8 Nov 2026ClearBank Europe launches Digital Asset Rails, converting client fiat to EURC and back via SEPA Instant, with Taurus wallets and Circle Mint.[1]
- Expected 2026 (year only) · Scope expansion · recorded 8 Nov 2026ClearBank plans to add USDC and expand Digital Asset Rails internationally beyond Europe.[1]
Sources
- [1]ClearBank Europe launches Digital Asset Rails to unlock programmable liquidity for cross-border flows — ClearBank, 28 May 2026. Accessed 8 Nov 2026.B
- [2]Tokenised deposits explained — what are they and how do they work? — ClearBank. Accessed 8 Nov 2026. ClearBank's own explainer, cited in the discovery pack; mentions Digital Asset Rails in passing..B
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