Stablecoin payments provider Confirmo’s Irish entity has been authorised by the Central Bank of Ireland (CBI) as a Payment Institution under the Payment Services Regulations 2018 (PSR).

In a statement, the company stated that the PSR authorisation will allow Confirmo Limited to execute regulated stablecoin payments across Europe.

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The approval follows Confirmo’s existing Markets in Crypto-Assets (MiCA) permission. The firm received authorisation as a Crypto-Asset Service Provider from the CBI in December 2025.

With both approvals in place, Confirmo Limited now holds dual regulatory authorisation that solidifies it as “one of the most comprehensively licensed stablecoin payment providers in Europe”.

The company also pointed to MiCA’s transitional grandfathering period, which ends on 1 July. Providers operating without full authorisation will have to cease European operations, and that businesses using such providers could be affected.

Confirmo said the Irish entity will act as the regulated operational hub for its European activities. It noted that under EEA passporting rules, authorisation from the CBI enables the company to offer its crypto and payment services across all 27 EU member states.

The platform enables businesses to send, receive and settle stablecoin payments across multiple blockchain networks. It also referenced fiat conversion and accounting-ready reporting capabilities.

Confirmo Group CEO Anna Štrébl said: “Confirmo has spent more than 12 years building crypto payment infrastructure, and our dual-authorisation by the Central Bank of Ireland marks the next chapter in that journey. We are now a fully regulated European platform purpose-built for enterprise-scale stablecoin payments.

“This comes at a key moment, as 1 July 2026 will separate the market into two groups: providers that are fully licenced and those that aren’t. The window for businesses to ensure their payment rails are fully compliant is narrowing fast, and we built Confirmo to be the partner that businesses can depend on when it matters most.”

In its update, Confirmo said the dual-licencing “reflects” rising demand for cross-border settlement using stablecoins as businesses are seeking lower-cost settlement and price stability.

Confirmo Limited (Ireland) CEO Derek Corcoran said: “We welcome the Central Bank of Ireland’s leadership in building a clear and robust regulatory framework for digital finance.

“Stablecoins combine the relative stability of traditional currencies with the speed and security of blockchain networks – and as the MiCA compliance deadline approaches, having the right regulatory foundations in place is becoming increasingly critical.

“With our Irish entity now authorised under both MiCA and PSR, businesses across Europe can access that infrastructure and process payments with regulatory certainty and confidence that they are building on future-proofed foundations.”