# Banking Circle

> Payments, FX and Infrastructure

Banking Circle provides B2B cross-border payments, FX, and multi-currency accounts to financial institutions through modern banking infrastructure and API technology.

Banking Circle provides global cross-border payment infrastructure, foreign exchange services, and multi-currency accounts to banks, payment service providers, and fintech companies. The platform enables financial institutions to access local clearing schemes in multiple currencies, reduce transaction costs, and improve settlement speed through cloud-based technology and direct connections to clearing systems. Banking Circle also develops blockchain-based payment solutions including tokenized deposits and MiCA-compliant stablecoin issuance.

- Type: Company
- Status: Active
- Founded: 2016-01-01
- Profile: https://thegrid.id/profiles/banking_circle

## Products

- [EURI Stablecoin Issuance](https://thegrid.id/profiles/banking_circle): EURI Stablecoin Issuance is a MiCA-regulated e-money token system that enables institutional users to mint and redeem euro-pegged stablecoins through Banking Circle's infrastructure. The system facilitates 1:1 fiat-to-token conversion backed by segregated euro reserves held in bankruptcy-remote accounts, with smart contracts deployed on Ethereum and BNB Smart Chain supporting 24/7 cross-border settlements and DeFi integration. (Stablecoin Issuer, Live, Main Product)

## Assets

- [Eurite (EURI)](https://thegrid.id/profiles/banking_circle): EURI is a euro-pegged e-money token issued by Banking Circle S.A. It is used for cross-border payments, DeFi integration, and as collateral in decentralized finance applications on Ethereum and BNB Smart Chain. The token operates under MiCA regulation, the EU's comprehensive framework for crypto-assets that requires issuers to maintain 1:1 reserve backing, provide redemption rights at par value, and hold funds in bankruptcy-remote structures to protect token holders. (Stablecoin)

## Links

- [Main](https://www.bankingcircle.com)
- [Blog](https://www.bankingcircle.com/insights)
- [Terms of Service](https://www.bankingcircle.com/terms-of-use)
- [Privacy policy](https://www.bankingcircle.com/privacy-notice)
- [LinkedIn](https://linkedin.com/company/bankingcircle)
- [YouTube](https://youtube.com/@UCg7ZyEM9x2zHZLV3_-TLrqw)
- [Twitter / X](https://x.com/Eurite_BC)
- [Twitter / X](https://x.com/BankingCircle)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP