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Gibraltar’s Xapo Bank Enables GBP Payments, Prepares USDC Option Amid U.S. Crypto Banking Crisis

“From today we have also added support for GBP through the Faster Payments network, meaning members will be able to make payments directly to U.K. wallets or banks,” said Seamus Rocca, CEO of the retail-focused bank, in a statement to CryptoX on Tuesday. Xapo also will activate USDC payments this week, enabling its users to send and receive the stablecoin directly to their Xapo bank accounts without any fees, Rocca said.

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