ClearBank chooses Taurus to provide stablecoin service wallet infrastructure

Deep Tide TechFlow News, January 13 — According to CoinDesk, UK clearing bank ClearBank has chosen digital asset infrastructure provider Taurus to support its stablecoin-related services. ClearBank will use Taurus-PROTECT as its wallet infrastructure provider.

This partnership is part of ClearBank’s digital asset strategy, initially focusing on stablecoin business. Through integration, ClearBank will gain connectivity between Taurus-PROTECT and Circle Mint, which is Circle’s platform for minting and redeeming USDC and EURC compliant with the EU’s Markets in Crypto-Assets Regulation (MiCAR) for financial institutions.

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