Bringin opens beta for Bitcoin and stablecoin business accounts

Bringin has launched an invite-only beta of Bringin for Business, a euro account offering that allows companies to hold, accept and pay in Bitcoin and stablecoins while keeping owner control of their coins. Each account comes with a dedicated virtual IBAN (vIBAN) issued in the company's own name, connecting it to SEPA payments. The service is available to companies across 30 European countries.

The business product extends Bringin's consumer platform, which, according to the company, has processed more than EUR 15 million.

Addressing operational friction for Bitcoin-using companies

The launch targets practical obstacles faced by European companies working with Bitcoin and stablecoins. Bringin cites bank account restrictions and blocked transfers as recurring issues, along with the friction added by each conversion to euros. Records are often spread across disconnected tools, while Travel Rule requirements add documentation to payments that would otherwise be simple.

These constraints sit alongside growing interest among European businesses in the instant settlement, global reach and lower costs associated with Bitcoin and stablecoins. In practice, the distance between holding Bitcoin and using it in day-to-day company finances has remained considerable.