Key details:
- Infrastructure: ClearBank will utilize Taurus’ enterprise-grade custody technology to manage digital asset wallets.
- Market Context: The initiative comes as the global stablecoin market capitalization surpassed $300 billion in 2025, growing roughly 50% year-over-year.
- Regulatory Environment: Institutional adoption has been accelerated by improved regulatory clarity, including the U.S. GENIUS Act.
ClearBank, the U.K.-based clearing bank, has selected digital asset infrastructure provider Taurus to support its expansion into stablecoin-related services.
The partnership will see ClearBank deploy Taurus-PROTECT as its wallet infrastructure provider. The integration enables the bank to offer secure, scalable, and compliant digital asset services to its financial institution and fintech clients, with an initial strategic focus on stablecoins.
This collaboration is part of ClearBank’s wider digital asset strategy to broaden its payment offerings. It follows the bank’s recent move to join the Circle Payments Network, aiming to facilitate near-instant cross-border transfers using blockchain rails.
Taurus, a Swiss fintech backed by major institutions including Credit Suisse and Deutsche Bank, specializes in custody, tokenization, and trading infrastructure for regulated financial firms.