Circle has partnered with Bison Digital Assets (BDA), a subsidiary of Portugal’s Bison Bank, to launch MiCA-compliant stablecoins in the European Union. This collaboration aims to provide secure, regulated access to USD Coin (USDC) and Euro Coin (EURC) for seamless financial transactions.

Key Details of the Partnership

Integrating stablecoins into European financial services

• Stablecoins Offered: USDC and EURC.
• Compliance: Fully aligned with the EU’s Markets in Crypto Assets (MiCA) regulation.
• Use Cases: Deposits, withdrawals, and payments on Bison Digital Assets’ platform.
• Backing: 1:1 by cash or cash-equivalent assets held at regulated financial institutions.

This partnership ensures that customers can convert stablecoins to fiat currency at any time, promoting trust and accessibility in the crypto market.

MiCA Compliance: A Milestone in Crypto Regulation

Establishing clarity and safety in digital assets

• MiCA Framework: Introduces strict regulatory standards for crypto issuers and service providers.
• Enhanced Security: Regular third-party audits confirm full asset backing.
• User Protection: Compliance ensures secure and transparent operations.

MiCA compliance positions Circle and Bison Digital Assets as leaders in delivering regulated financial services through blockchain technology.

Advantages for Bison Digital Assets Users

Faster, safer, and cost-effective transactions

• Efficient Transfers: USDC and EURC enable faster and cheaper cross-border payments.
• Security: Fully backed by regulated reserves, ensuring stability.
• Transparency: Regular audits guarantee financial integrity.

This integration simplifies access to stable, low-cost transactions, enhancing the user experience for BDA clients.

Strategic Vision for Financial Transformation

Leading the evolution of digital finance in Europe

• António Henriques, CEO of Bison Bank, emphasized:

  “We believe these stablecoins will play a fundamental role in the future of financial services, and we are committed to leading this transformation.”

The partnership signals a commitment to modernizing financial services with secure and compliant digital solutions.

Circle and Bison Digital Assets pioneer regulated stablecoin adoption

The partnership between Circle and Bison Digital Assets marks a significant advancement in delivering regulated stablecoins in Europe. By ensuring full compliance with MiCA, they provide secure, efficient, and transparent access to USDC and EURC, fostering trust in the evolving crypto financial landscape.

This collaboration sets a new standard for financial innovation, positioning both companies at the forefront of regulated digital finance in the EU.