Clever, the worldwide foreign money alternate and fee platform, is hiring a digital-asset product lead with a deal with stablecoins, a transfer that would sign the corporate’s enlargement into the cryptocurrency house amid enhancing world regulation.
Clever’s product director, Matthew Salisbury, posted the place on LinkedIn final week. The position will probably be based mostly in London, the place Clever’s world headquarters are situated.
“For those who’ve constructed wallets and/or funds answer based mostly on stablecoins and also you now need to do it at Clever apply by the advert or DM me,” Salisbury wrote.
Based on the LinkedIn itemizing, which has already attracted curiosity from over 100 candidates, the profitable candidate will be a part of Clever’s Accounts crew to assist develop its product providing and discover how clients might maintain digital belongings inside their Clever accounts.
The corporate is in search of candidates with not less than 5 years of product administration expertise and a confirmed observe document of launching business-to-consumer merchandise within the digital asset or blockchain house.
Clever, previously generally known as TransferWise, is finest recognized for offering low-fee worldwide cash transfers throughout greater than 160 international locations and 40 currenices. In 2024, the corporate reported £979.9 million ($1.23 billion) in income and £345.6 million ($443 million) in revenue.
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Clever and stablecoin funds: Assessing the potential
It’s nonetheless unsure whether or not or how Clever will undertake stablecoin fee rails. Stablecoin know-how is mostly thought to be a approach to make worldwide cash transfers quicker and extra environment friendly by permitting digital {dollars} to maneuver with out conventional banking intermediaries.
Final month, Visa launched a pilot program utilizing the stablecoins USDC (USDC) and EURC (EURC) to assist monetary establishments facilitate cross-border funds. Clever, in contrast, primarily serves retail customers, which is a bunch that has already been turning to stablecoins for related functions.
Based on Chainalysis, Latin America and Africa are among the many fastest-growing areas for stablecoin adoption, pushed by decrease remittance prices and foreign money volatility.
“In these areas, retail adoption of stablecoins is essentially pushed by their practicality for low-cost remittances, safe financial savings in areas with risky currencies, and accessibility to DeFi providers like lending and staking,” the corporate famous in a December report.
The transfer comes amid a extra favorable regulatory surroundings for stablecoin adoption in america, following the latest passage of the GENIUS Act. In distinction, adoption in Clever’s house market, the UK, has been slower, as regulators work towards implementing new stablecoin guidelines by the top of 2026.
In consequence, US greenback–pegged stablecoins proceed to dominate the market, whereas British pound–denominated options account for under a small share of complete fiat-backed stablecoins in circulation.
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