Europe's Top Crypto Payment Provider Now Supports USDC
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One of the largest crypto-focused payment providers, BCB Group, has announced it entered into a partnership with Circle to improve the speed, efficiency and cost of client payments and settlement across select parts of BCB Group.

According to an official announcement, the partnership will allow BCB’s institutional clients to use the USD coin (USDC) stablecoin for payments, clearing and custody.

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Circle CEO and Co-Founder Jeremy Allaire says introduction of USDC services will provide BCB’s clients with a critical piece of market infrastructure that is helping drive significant growth in crypto capital markets.

"BCB is an innovative and fast-moving financial services firm that has been at the leading edge of trends shaping the future of the digital assets sector," Allaire added.

BCB Group CEO and Founder Oliver von Landsberg-Sadie highlights the company remains committed to delivering industry-leading service, as well as to its shared mission – "fostering financial inclusion through technological transformation."

BCB Group provides financial services to such cryptocurrency firms as Coinbase, Bitstamp, Galaxy and Kraken. The company has support for 20+ currencies, FX, cryptocurrency liquidity and digital asset custody.

Canadian Crypto Asset Broker Acquires Circle's Investment App

Earlier, iHodl reported that Circle is planning to develop yield and lending services for USDC with Genesis, a digital asset prime brokerage firm.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Circle also announced that the parent company of Genesis, invested $25 million in the company, to accelerate "the global adoption of USDC in mainstream finance."

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