Bison Digital Assets and Circle Integrate MiCA-Regulated Stablecoins in Europe

• USDC and EURC offer reliable and regulated trading on MiCA.
• Integration facilitates fast blockchain payments aligned with European legislation.
• Stablecoins are backed by audited reserves and regulated institutions.

Bison Digital Assets (BDA), a subsidiary of Portuguese bank Bison Bank, has entered into a strategic partnership with Circle, a global digital asset management company. tech financial institution and issuer of the stablecoins USD Coin (USDC) and Euro Coin (EURC). This collaboration aims to integrate stablecoins regulated by the European Union (EU) Markets in Crypto Assets (MiCA) framework into the BDA platform.

USDC EURC in Europe

We are partnering with Bison Digital Assets to enable their customers to use MiCA-compliant USDC and EURC for:
✅ Deposits withdrawals
✅ Cross-border payments
✅ Secure, efficient transactions https://t.co/CgPQlvZaxD pic.twitter.com/XhrA9ZLwUj

— Circle (@circle) January 13, 2025

Following this integration, BDA’s clients will be able to use USDC and EURC for deposits, withdrawals and payments, all in compliance with MiCA regulations. This regulatory framework, which will be fully implemented by 2025, aims to standardize cryptocurrency activities within the EU, ensuring security and transparency for both issuers and service providers.

Circle’s USDC and EURC stablecoins are fully collateralized by cash reserves or equivalent assets held in regulated financial institutions. Additionally, independent monthly audits ensure 1:1 peg to fiat currencies such as the US dollar and euro. This allows users to withdraw at any time, promoting trust and stability.

António Henriques, CEO of Bison Bank, highlighted the impact of the partnership: “We are excited to establish this collaboration between BDA and Circle, offering our customers regulated and secure stablecoins. We believe these currencies will play a key role in the future of financial services.”

Furthermore, the partnership aims to simplify cross-border transactions on the blockchain, making them faster, more cost-effective and in line with MiCA regulations. For users, this represents an efficient and reliable alternative to traditional banking systems, which are often characterized by high fees and long processing times.

Sanja Kon, Circle’s Vice President of Partnerships and Business Development in Europe, also reinforced the importance of this integration: “This collaboration reflects our shared vision of enabling the global movement of money in a secure, compliant and internet-native way.”

With this initiative, BDA solidifies its position as a leader in the digital assets sector in Europe, connecting the traditional financial system with innovative blockchain technologies.