BTCUSD Bitcoin

London-based financial services firm BCB Group has partnered with Circle to improve speed, efficiency and cost of client payments and settlement across select parts of BCB Group. The partnership will allow BCB’s institutional clients to use USDC for payments, clearing and custody, helping to mitigate negative rate risk for its customers’ European exposure. USDC, which is is backed by the Coinbase and Circle prodigy CENTRE consortium, is one of the fastest growing fiat-reserve stablecoins with a circulation of $1.1 billion. Circle CEO and Co-founder Jeremy Allaire hailed BCB as being an “innovative and fast-moving” financial services company before adding: “With institutional demand for digital dollar stablecoins growing rapidly around the world, BCB’s introduction of USDC services will provide clients with ...
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