Regulated institutions now have access to a new service for transferring stablecoins on-chain, provided by Clear Junction.
Clear Junction, a UK Financial Conduct Authority (FCA) dual-licensed financial institution, has entered the blockchain finance space with a new on-chain stablecoin transfer service. This innovative solution aims to bridge traditional banking infrastructure with blockchain-based finance, offering secure, compliant access to blockchain-based stablecoin transactions.
Secure and Compliant Stablecoin Transactions
The service currently supports USDC (Circle) and USDT (Tether) stablecoins across Ethereum, Solana, and Tron blockchain networks. This service is designed to meet the growing demand for stablecoins in global finance, offering real-time settlement, reduced costs, and increased accessibility for cross-border payments.
Clear Junction's approach ensures that institutions can engage with tokenised assets and stablecoins while meeting regulatory expectations. The service is built using best-in-class technology and infrastructure support from top-tier liquidity providers, providing clients with the assurance of a secure and reliable platform.
Key Benefits and Use Cases
The key benefits of Clear Junction's on-chain stablecoin transfer service include real-time settlement, cost efficiency, enhanced accessibility for cross-border payments, and compliance with UK FCA regulations. The service supports use cases in treasury operations, crypto-fiat liquidity management, and cross-border remittance, improving institutional financial workflows.
Main use cases for the service include fintechs, payment service providers, and regulated financial institutions using stablecoins for faster, more transparent blockchain payments without losing compliance oversight. Crypto exchanges and e-money institutions (EMIs) can also leverage the service for streamlined digital asset settlements and liquidity management. Remittance providers can utilize stablecoins for cost-effective and faster cross-border money transfers to global markets difficult to serve by traditional banking. Treasury departments can implement stablecoins to optimize liquidity and cash management between fiat and crypto ecosystems.
A Foundation for Digital Asset Infrastructure
Clear Junction positions the service as foundational for a broader digital asset infrastructure, supporting the coexistence of fiat and crypto financial systems. Future expansions are planned in tokenized settlements, custody, and blockchain liquidity solutions.
Dima Kats, CEO and Founder of Clear Junction, states that the on-chain stablecoin product offers a regulated, auditable, and institution-friendly path into blockchain-based payments. The convergence of fiat and digital currency systems is accelerating globally, with central banks, institutional investors, and large corporates exploring the role of stablecoins in future payments infrastructure.
Clear Junction's unique vantage point in sectors such as crypto, remittances, and high-growth fintech markets gives it a distinct advantage in serving this new phase of financial evolution. The company is launching several initiatives under its digital assets strategy, including advanced products for tokenised settlement, custody, and blockchain-based liquidity management.
In summary, Clear Junction’s solution offers regulated financial institutions a trusted, compliant, and efficient way to incorporate stablecoin transfers into their cross-border and treasury operations, reducing friction compared to legacy crypto methods while unlocking blockchain’s speed and transparency. The new product addresses the gap in compliant, enterprise-grade infrastructure for institutions to transact securely and efficiently on-chain, contributing to the growing acceptance and integration of stablecoins in global finance.
[1] Clear Junction. (2022). Clear Junction Launches On-Chain Stablecoin Transfer Service. [Press Release]. Retrieved from https://clearjunction.com/news/clear-junction-launches-on-chain-stablecoin-transfer-service/
[2] CoinDesk. (2022). Clear Junction Launches On-Chain Stablecoin Transfer Service. Retrieved from https://www.coindesk.com/business/2022/03/29/clear-junction-launches-on-chain-stablecoin-transfer-service/
- The on-chain stablecoin transfer service by Clear Junction supports USDC and USDT across Ethereum, Solana, and Tron blockchain networks, providing a compliant, efficient, and secure platform for institutions to engage in blockchain-based stablecoin transactions, bridging traditional banking infrastructure with blockchain-based finance.
- Key benefits of Clear Junction's service include real-time settlement, cost efficiency, enhanced accessibility for cross-border payments, and compliance with UK FCA regulations. Use cases for this service include fintechs, payment service providers, remittance providers, crypto exchanges, e-money institutions, and treasury departments.
- Clear Junction's on-chain stablecoin service positions itself as foundational for a broader digital asset infrastructure, aiming to support the coexistence of fiat and crypto financial systems through future expansions in tokenized settlements, custody, and blockchain liquidity solutions.
