The innovation transforming the digital assets industry
WHAT IS IT
BLINC is a global payments network allowing members to pay each other instantly 24/7/365 across multiple currencies, stablecoins, cryptocurrencies and digital assets.
WHO IS IT FOR
BLINC is for any client within the BCB ecosystem. Currently, these are our institutional clients that include major crypto exchanges, market makers, lenders, funds, brokers and traders. Building on BCB’s established network of business account customers, BLINC’s roadmap begins with instant borderless settlement in GBP, EUR and CHF, with phased rollouts supporting more fiat currencies, cross-currency settlement, crypto settlement and cross-asset settlement.
FEATURES
Real-time 24/7/365 settlement of cash and crypto (coming soon) within the network
FPS, SIC, SEPA and SWIFT access for off-network fiat transfers (incoming and outgoing)
Free account funding
Free transactions
Backed by industry-leading banks and digital asset custodians
Market leading rates for FX conversion
Institutional spreads on fiat-crypto conversion (coming soon)
Segregated client accounts in fiat currencies
Segregated digital asset wallets
BLINC is integrated with DASL, developed by LAB577 and built on Corda, paving the way for greater network growth and blockchain interoperability
BENEFITS
Real-time clearing
Reduced costs
Reduced operational and settlement risk
Free transactions
No inter-counterparty settlement reconciliation required
Reduced counterparty risk
AML and KYC/KYB costs are reduced as participants are already within the network
PRICING
BLINC accounts are free for existing BCB customers
Small monthly subscription for BLINC-only customers
Free to top up your BLINC account
Free transactions within the BLINC ecosystem
Withdrawal fees from BLINC to conventional fiat rails (like FPS, SEPA, SWIFT accounts) apply
Balance fees apply for currencies with negative interest rates (e.g. EUR, CHF)
HOW IT WORKS
BLINC is a global payments network allowing members to pay each other instantly 24/7/365 across multiple currencies, stablecoins, cryptocurrencies and digital assets.
Example flow
Example dashboard