Banking Circle launches stablecoin settlement

Banking Circle, a financial services firm based in Luxembourg, has officially launched its stablecoin settlement services. This new offering enables fiat-to-stablecoin and stablecoin-to-fiat transactions directly through Banking Circle's core platform. The launch follows the company's recent acquisition of a crypto-asset service provider (CASP) license, marking a significant expansion into the digital asset space. This move positions Banking Circle to facilitate more efficient and integrated cryptocurrency transactions for its clients.