Banking Circle launches stablecoin settlement services, supporting USDC, USDG, and EURI
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Foresight News reported that Luxembourg bank Banking Circle has launched a stablecoin settlement service, providing two-way settlement between fiat currency and stablecoins. Previously, the bank obtained a Crypto Asset Service Provider (CASP) license from the Luxembourg Financial Supervisory Authority (CSSF) on April 15. The service currently supports instant settlement of USDC, USDG, and EURI, aiming to leverage blockchain technology to improve the efficiency of cross-border settlements and fund management.
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