Infinios to launch USDC and EURC stablecoin cards in Bahrain

INFINIOS, a provider of regulated cross-border payments and financial infrastructure solutions, has received a no objection from the Central Bank of Bahrain (CBB) to launch USD-Backed Stablecoin (USDC) and Euro-Backed Stablecoin (EURC) card prefunding and scheme settlement services.

As per the announcement, the launch of USDC and EURC cards in Bahrain will enable financial institutions, fintech’s, and payment service providers to access faster, more efficient capital optimized settlement mechanisms.

Under the approved framework, INFINIOS will enable eligible clients to utilize USDC and EURC for card prefunding and scheme settlement activities, creating a more efficient alternative to traditional correspondent banking and fiat settlement processes. The solution is designed to reduce settlement delays, improve liquidity management, lower operational friction, and provide greater transparency across payment flows.

Sherif Abdelsalam, Chief Executive Officer of INFINIOS, noted that the future of payments will not be define by whether money moves digitally but by how efficiently and transparently it moves across borders. He adds, “The Central Bank of Bahrain’s support represents a major step forward in bringing regulated stablecoin infrastructure into mainstream financial services.”

USDC and EURC on cards, enables clients to access real-time liquidity, reduce operational complexity, and unlock new efficiencies while maintaining the regulatory oversight, governance and security expected of institutional payment infrastructure.”

Through this launch, INFINIOS will provide regulated access to stablecoin-enabled settlement infrastructure while maintaining robust compliance, risk management, anti-money laundering and operational control frameworks aligned with the expectations of financial institutions, card schemes and regulatory authorities.