PULSE Industry round-up
BCB Group partners with Circle for global payments network Pulse
part of BCB Group’s strategy.” Leveraging Circle’s stablecoins – USDC and EURC - CPN provides financial institutions with a modern way to move money globally with the speed, transparency, and programmability of the internet. CPN is governed by a robust framework that requires participants to meet strict eligibility standards, including licensing, AML/CFT compliance, financial risk management,
BCB Group has been selected by Circle Internet Group as a key partner for its Circle Payment Network (CPN) – a new global system for real-time, cross-border payments based on regulated stablecoins. CPN links leading global banks, payments service providers, virtual asset service providers and digital wallets to create a seamless network that will cut transaction times and costs for international payments.
The project advances BCB’s own vision of fast and low-cost international transfers and complements BCB’s BLINC service which allows instant and zero cost payments between BCB account holders. Alongside BCB, other CPN launch partners include Société Générale, Deutsche Bank, Standard Chartered and more than a dozen leading digital asset technology groups. Oliver Tonkin, Co-founder and Chief Executive of BCB Group, said: “Circle has looked for partners who are the key players in this space. We are
and cybersecurity protocols. “Circle has a high regard for
regulation and compliance as vital for being a trusted partner for business and that fits extremely well with BCB’s regulation-first approach. We know from our own direct partnerships with global banks that trust and compliance are essential for building bridges with traditional finance and so realising the full potential of stablecoins for international payments,” said Tonkin. these partnerships, and has instead championed a lower-profile, women’s team. “By investing in initiatives that empower underrepresented groups, we aim to create a more equitable landscape in all fields we touch,” Tonkin added. “We believe that by supporting organisations such as Spencer Hockey Club, we can help inspire the next generation of leaders, whether in athletics, tech or any other industry, and demonstrate that everyone has a vital role to play in shaping a brighter, more inclusive future.” Spencer Hockey Club’s ethos aligns with BCB’s values, as the team holds a progressive approach to breaking gender stereotypes in sports. “BCB Group’s ongoing support has been invaluable in allowing us to expand our programmes and inspire more women and girls to take part in hockey,” said Joe Chomet, coach of Spencer Women’s first team. BCB is providing significant financial support to the team, allowing it to enhance training, upgrade its facilities and promote the growth of women in sport.
delighted that Circle recognised us as one of those players. Driving stablecoin adoption and expanding the use cases for stablecoin payments is a core BCB partnership champions women in sports
Spencer Hockey Club, a beacon of inclusivity in sports,” he said. “This partnership not only reflects our commitment to fostering diversity in sports but also aligns with our broader mission to champion inclusivity and representation in technology and beyond.” In the crypto space, there is an emerging trend of sporting sponsorships to foster community engagement. However, BCB points out the often male-dominated choice for
BCB Group has renewed its sponsorship of Spencer Hockey Club for the fourth consecutive season. Announced in alignment with International Women’s Day on 8 March, the renewal represents BCB’s continued commitment to fostering diversity and inclusion in sports. Oliver Tonkin, BCB Co-founder and CEO, said the sponsorship also highlighted the company’s commitment to supporting inclusion in all contexts. “We are proud to continue supporting
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