Bitstamp goes live on BLINC – first exchange to enable instant and free EUR and GBP transfers
After previously announcing we would serve as the launch partner for BLINC, a new global payments network that allows institutions to transfer funds instantly 24/7/365, Bitstamp has now gone live on the network.
Our customers who are also members of BLINC can now transfer EUR and GBP to and from their Bitstamp accounts instantly and with zero transaction fees. This greatly improves transaction efficiency for our institutional customers, further strengthening the bridge between crypto and traditional finance.
BLINC was created by BCB Group, a leading digital asset financial services group, to directly address settlement inefficiencies in global payment systems. BLINC currently covers transfers of fiat currencies, with plans to expand into transfers of digital assets as well. It is the first real-time settlement network focused on the cryptocurrency industry in Europe.
As both the world’s longest-running crypto exchange and the biggest one in Europe, we are excited about becoming the first exchange to integrate with BLINC and supporting BCB Group’s efforts to create solutions that enable more institutional adoption of cryptocurrencies.