Stripe’s stablecoin infrastructure platform Bridge has secured both a MiCA-compliant Crypto-Asset Service Provider license and an Electronic Money Institution license in Luxembourg, clearing the way to offer regulated services across all 27 EU member states. The authorizations come from Luxembourg’s financial regulator, the CSSF, which has become a key hub for MiCA-based crypto activity and e-money firms.
Bridge said it now holds a CASP authorization under the Markets in Crypto-Assets Regulation. It also holds an EMI license that, together, “covers all 27 EU member states under one of the world’s most comprehensive digital asset frameworks.”
The company noted that MiCA and EU e-money rules set high standards for capital reserves, custody, and operational safety. It added that the dual-license structure allows Bridge to serve European businesses and end users under a single, trusted regulatory umbrella.
New Tools for Euro Stablecoins and Virtual IBANs
With the licenses in place, Bridge plans to expand its stablecoin services for European firms. It will go beyond its existing euro–stablecoin transfer tools.
The platform will now provide virtual IBANs in customers’ names. It will also help businesses issue custom EUR-backed stablecoins built directly into their products.
Fintechs can give users named IBANs and euro accounts that work across all EU member states. This setup lets them enable cross-border money movement without creating separate banking partnerships in each country.
Businesses can also create their own euro-backed stablecoins for on- and off-ramps, rewards, loyalty schemes, or in-app currencies. Bridge provides the infrastructure for compliance, reserve management, and issuance behind those stablecoins.
In a blog post announcing the authorizations, Bridge Head of Product Mai Leduc Blount shared a key update.
She said, “A business in the EU can now issue its euro stablecoin and pair it with named IBANs and named EUR payouts across all 27 member states on a single integration.”
She described the licenses as a foundation for “trusted and compliant” stablecoin rails. These rails plug directly into existing payments and banking workflows across Europe.
Stripe bought Bridge in 2024 for $1.1 billion to offer stablecoin orchestration and on-chain settlement to its global payments stack. Since then, Bridge has pursued money-transmission permissions in the U.S. and built out a regulatory footprint in Europe, including a now-complete EMI license in Luxembourg.
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