cryptonews.net
BCB Group, a digital asset payments and trading provider, announced integration with Circle Payments Network to support stablecoin-to-fiat settlement in cross-border transactions.
Circle Payments Network is operated by Circle Technology Services, a blockchain infrastructure company focused on stablecoin-based payments. The network connects banks, payment providers, virtual asset firms, and enterprises, enabling near real-time transfers using stablecoins.
As part of the integration, BCB Group will act as a Beneficiary Financial Institution for USD, GBP, and EUR. This allows the company to receive stablecoin payments, convert them into fiat, and settle funds directly to customer accounts.
A key feature of the network is pre-transaction screening. Before funds are processed, both sender and recipient are screened using AI-based models. These tools support compliance with anti-money laundering rules and help detect financial risks before transactions are completed.
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