Banking Circle has collaborated with Bridge, a stablecoin infrastructure platform and a Stripe company, to enhance global money movement using Banking Circle’s regulated, API-led banking infrastructure.
The partnership enables Bridge to seamlessly convert stablecoins in and out of local fiat currencies, including EUR and GBP, with AUD capabilities rolling out in Q3. Bridge will also leverage Banking Circle to route USD globally via SWIFT. This integration allows for highly flexible cross-border transactions—for example, a business in Mexico operating on stablecoin balances can easily pay a UK contractor in pounds or receive euros from a customer in France.
By tapping into Banking Circle’s multi-currency accounts and local clearing networks, including Australia’s NPP for instant settlement, Bridge can offer its clients faster and more cost-effective fiat settlements.
Kirit Bhatia, Chief Digital Assets Officer at Banking Circle, noted that providing regulated banking rails and local clearing through a single integration simplifies operations for expanding payment platforms. Bridge’s Head of Product, Mai Leduc Blount, added that the API infrastructure is key to ensuring businesses worldwide can easily convert between fiat and stablecoins for everyday operations.
The move highlights the growing demand for compliant, scalable banking infrastructure to bridge the gap between digital assets and traditional financial systems.