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Even Standard Chartered, a globally systemically important bank, has also stepped in. EUR/GBP settlement goes directly through the traditional financial main channels, and compliance is fully covered.

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BlockBeatNews
Coinbase partners with Standard Chartered Bank to expand fiat on-ramps for institutional clients
BlockBeats News, May 27 — Coinbase announced a partnership with Standard Chartered Bank to expand its global multi-currency fiat on-ramp for institutional clients, adding support for AUD, SGD, CAD, and CHF, and facilitating EUR and GBP settlements through globally systemically important banks, serving Coinbase Prime and Coinbase Exchange. Coinbase stated that it will continue to advance the conversion and settlement capabilities between local fiat currencies and local stablecoins in the future.
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