ClearBank Europe cleared under MiCA, to offer euro and dollar stablecoins to institutions
ClearBank Europe has become the first Dutch credit institution authorized to provide crypto services under the EU’s Markets in Crypto Assets (MiCA) framework, opening the door for its institutional clients to access euro- and U.S. dollar‑pegged stablecoins inside a regulated banking environment.
The Dutch Authority for the Financial Markets (AFM) confirmed the bank can operate as a crypto asset service provider (CASP) after ClearBank notified the regulator. That confirmation means ClearBank can roll out digital-asset services without applying for a separate license, allowing clients to convert between fiat and stablecoins directly through the bank.
ClearBank — which serves more than 270 institutional clients, 1.7 million retail customers and manages over $13 billion in assets — plans to connect to Circle’s Mint platform to give institutions access to EURC and USDC, stablecoins pegged to the euro and U.S. dollar. By linking traditional clearing systems with blockchain rails, ClearBank says the setup can shorten settlement times and improve cross-border transfers.
“Becoming a crypto-asset service provider under MiCAR enables us to bring digital asset capabilities into a regulated clearing environment for the first time, putting us at the forefront of this new era of digital clearing,” said Tristan Kirchner, CEO of ClearBank Europe.
The move is positioned as ClearBank’s first step into digital clearing in Europe and forms part of a broader strategy to bridge banking infrastructure with digital-asset markets. The bank has been building that capability through a series of partnerships: in January it selected digital-asset infrastructure provider Taurus to support stablecoin services and previously joined the Circle Payment Network. ClearBank has also pursued related efforts in the U.K., including collaboration with Coinbase.
For institutional clients, the new offering promises on‑ramps between fiat and widely used stablecoins within a regulated custodial and clearing environment — a capability many market participants see as a crucial piece for faster corporate payments, liquidity management and cross-border settlement.
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