According to CoinDesk, Oliver von Landsberg-Sadie, CEO of crypto financial services company BCB Group, said in an interview that the company is accelerating plans to add US dollar functions and is preparing to go online in early Q2. To help fill the gap left by the recently closed Silvergate Exchange Network (SEN). BCB launched its instant settlement network, the BCB Liquidity Exchange Network Consortium (BLINC), in mid-2020. This is a real-time gross settlement system for euros, pounds and Swiss francs, just as SEN did until recently for large cryptocurrency customers trading in US dollars in the United States.

London-based BCB, the first cryptocurrency firm to receive a payments license from the UK regulator, the Financial Conduct Authority (FCA), offers fiat-to-crypto conversions for currencies such as the British pound, euro, Swiss franc and Japanese yen in Europe, notably to institutional players such as Bitstamp, Galaxy Digital, Gemini and Kraken.