UK clearing bank ClearBank partners with Taurus for stablecoin services amid a $300 billion market cap. Taurus provides crypto custody and tokenization tools, while ClearBank focuses on the customer relationship. Stablecoins like USDC and EURC offer a stable entry into crypto, appealing to clients seeking security and governance.

Taurus, working with Deutsche Bank and State Street, streamlines digital asset settlement for banks. ClearBank’s move reflects a growing trend of banks embracing stablecoins for faster, more secure transactions. The market growth to $300 billion in 2025 signals increased trust and regulatory clarity in stablecoin usage.

Bank-grade stablecoin infrastructure by ClearBank and Taurus promises smoother transactions for users, akin to traditional bank transfers. This shift boosts trust and adoption, especially for trading and cross-border payments. Stablecoins offer a reliable alternative to volatile cryptocurrencies and traditional banking systems.

Read more at Yahoo Finance: UK Bank ClearBank Moves Into Stablecoins With Taurus Deal