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Banking Circle to power OSL’s stablecoin-to-fiat payment
15 September 2026 Luxembourg, Hong Kong
Image: Manu/stock.adobe.com
Banking Circle has expanded its collaboration with OSL Group, a global stablecoin payment and trading platform, by connecting institutional clients to multi-currency payment rails across five additional currencies beyond EUR.
The firm now supports OSL across Australian dollar, Great British Pound, Hong Kong dollar, Singapore dollar, US dollar, and Euro.
Providing OSL with the infrastructure to streamline fiat settlement, crypto conversion, and liquidity management across OSL’s business platforms, Banking Circle explains it will enable institutional clients to receive, convert, and settle funds globally year round through a single platform.
The firm also explains the announcement comes as clearer regulatory frameworks for digital assets — such as MiCAR in Europe and the GENIUS Act in the US — drive increasing institutional adoption.
Eugene Cheung, chief commercial officer at OSL Group, says: “As businesses increasingly look to move seamlessly between fiat and stablecoins, they need infrastructure that is regulated, scalable, and internationally connected.
“Expanding our relationship with Banking Circle strengthens the foundation of OSL’s global businesses, enabling us to support clients across more currencies and markets through a single, trusted platform.”
Kirit Bhatia, chief digital assets officer at Banking Circle, adds: “OSL is a leading name in regulated digital assets, and this expansion shows how digital asset firms are moving beyond trading into real payment use cases.”
The firm now supports OSL across Australian dollar, Great British Pound, Hong Kong dollar, Singapore dollar, US dollar, and Euro.
Providing OSL with the infrastructure to streamline fiat settlement, crypto conversion, and liquidity management across OSL’s business platforms, Banking Circle explains it will enable institutional clients to receive, convert, and settle funds globally year round through a single platform.
The firm also explains the announcement comes as clearer regulatory frameworks for digital assets — such as MiCAR in Europe and the GENIUS Act in the US — drive increasing institutional adoption.
Eugene Cheung, chief commercial officer at OSL Group, says: “As businesses increasingly look to move seamlessly between fiat and stablecoins, they need infrastructure that is regulated, scalable, and internationally connected.
“Expanding our relationship with Banking Circle strengthens the foundation of OSL’s global businesses, enabling us to support clients across more currencies and markets through a single, trusted platform.”
Kirit Bhatia, chief digital assets officer at Banking Circle, adds: “OSL is a leading name in regulated digital assets, and this expansion shows how digital asset firms are moving beyond trading into real payment use cases.”
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