By Bhairav Patel, Chief Technology Officer, Teybridge Capital Europe.
About Teybridge Capital Europe
SMEs are the backbone of the Irish and UK economies; ambitious businesses with opportunities to grow and expand. But too often, access to working capital fails to keep pace with that ambition.
Teybridge Capital Europe exists to close that gap. We provide flexible working capital solutions (individually or in combination) across invoice finance, purchase order finance, stock finance and debt finance, with funding structures designed around the needs of each business.
Every facility is supported by our proprietary fintech platform, BRIDGE, which removes friction from the funding process and helps businesses access capital faster. Because when it comes to SME cash flow, speed isn’t simply a convenience; it can determine whether a business is able to seize an opportunity or miss it.
What is a Stablecoin?
A stablecoin is a type of digital currency designed to maintain a stable value by being linked to an underlying asset, most commonly a traditional currency such as the US dollar, euro or pound. Unlike a traditional bank transfer, stablecoins can move over blockchain networks, allowing money to be transferred and settled digitally, often faster, across borders and outside conventional banking hours.
If you’re new to the subject, read our plain-English guide to Stablecoins, where we explain what they are, how they work, how they differ from cryptocurrencies such as Bitcoin, and why they’re attracting so much attention.
So, why is a company focused on getting working capital into the hands of SMEs faster talking about stablecoins? Because the way money moves is changing, and that could have significant implications for SMEs, international trade and the future of working capital.
Stablecoins Are Where Money Is Heading, Whether We Like It or Not
We, as humans, are always looking at ways to move money (and value) around more quickly. We went from barter to coins to promissory notes and now we can tap away our hard earned cash. Each shift happened because the new version moved value faster, more safely or more usefully than the version before it, not because anyone asked permission.
Stablecoins are emerging from their origins in the crypto ecosystem and increasingly being explored as infrastructure for mainstream payments, cross-border transactions and financial services. Major banks are building deposit-token products, payment giants have backed shared stablecoin standards and regulators across the UK, the EU and the US have spent the last year finishing the rulebooks that make this a genuinely regulated part of the financial system rather than a grey area.
Moving beyond the western world, China has issued a digital renminbi and more and more central banks are looking into whether they want to issue Central Bank Digital Currencies (or CBDCs for short) as a way of more efficiently controlling the flow of funds.
The subject of CBDCs is an interesting one as it raises more social questions rather than anything else, for example, would you want programmable money that a central bank can fully control and track? When you have a dollar in your pocket it can go anywhere and be used for anything, with CBDCs that is not so certain. This however, is a topic for a future post.
How Stablecoin will Change the Way Money Moves for Everyday Businesses
To sum up it up: We can move money faster and more cheaply.
The way money moves between businesses has been slow for a long time and we’ve had to accept it. An international payment can take days and can be very expensive.
Stablecoin, and the technology underneath it, smoothes out the friction in payments rails by providing faster settlements with fewer intermediaries taking a cut along the way. The potential to move value across borders as quickly and easily as sending an email is enticing and will allow businesses to expand across borders without having to worry about when they’ll get their money and how much it will cost.
What This Means for Your Business Today
As we’ve already discussed, stablecoins are here and they are here to stay. This infrastructure is being built globally right now, and today it remains overwhelmingly dollar-denominated, with sterling and euro stablecoins currently making up under one percent of the global market between them. (Source: stablecoin supply data, 2026.)
EU regulation under MiCA has been in force since 2024, and UK rules for stablecoin issuers were finalised in June 2026, with the wider framework for large-scale sterling stablecoins expected to be finalised by the end of 2026. Together, this means sterling and euro markets are genuinely open for development now rather than years behind. For a UK or Irish business, understanding this today means you won’t be starting from scratch once sterling and euro options mature. You’ll already know how this works by the time it becomes relevant to a funding decision you’re making.
Why Teybridge Capital Europe, A Structured Finance Company Cares About Stablecoin
The team at Teybridge Capital Europe have been following the evolution of blockchain and stablecoins since their inception in 2014 and in a “previous life” we had experience in building a finance platform that fully utilised blockcain functionality with funding provided to companies via stablecoin (in this case USDC, provided by Circle).
We know first-hand how stablecoins can bring funding to business quickly and now that the sector has evolved, the costs for sending funds has also reduced. With the recent announcements from the FCA and Bank of England we see an opportuity to expand our capabilities and bring stablecoins into the mix to bring further benefits to our client base.
We’re also excited about how blockchain-based financial products could benefit our clients, and we believe digital currencies such as stablecoins will play a growing role in how money moves.
What This Means for Structured Finance, and for UK and Irish SMEs
Alternative structured finance has always been an industry built on trust and speed. But behind the scenes, traditional banking infrastructure can still add unnecessary friction to the way capital moves, particularly across borders. Stablecoins and the technology around them won’t remove the need for trust, but they have real potential to make the movement and settlement of funds faster, simpler and more efficient. For UK and Irish SMEs trading internationally, that could mean lower costs, fewer delays and more seamless access to working capital across markets.
That’s the opportunity we’re genuinely excited about. Not stablecoin for its own sake, but stablecoin as a route to faster, fairer access to the capital that lets ambitious businesses keep moving.
What Should SMEs in Ireland, the UK and the EU Be Doing to Prepare for Stablecoin?
You don’t need to overhaul anything to get ahead of this. A few sensible, low-effort steps now put you in a strong position without asking you to take on any real risk.
Get familiar with the basics. You don’t need to become a technical expert, but understanding what a stablecoin is and how it works means you won’t be starting from zero when it becomes relevant to a real decision. Our plain-English Stablecoin guide is a good place to start.
If you trade internationally, ask your current bank or finance provider what your cross-border payments actually cost today, in time and in fees. Most businesses have never actually totted this up. Once you know your current baseline, you’re in a far better position to judge whether a faster, cheaper alternative is worth exploring when one becomes available to you.
Talk to your accountant or broker about whether this is on their radar. If they’re not thinking about it yet, they will be soon, and asking the question now means you’ll be having an informed conversation with them rather than a cold one later.
Keep an eye on the regulatory picture rather than the hype. EU rules have been in force since 2024, and UK rules for stablecoin issuers were finalised in June 2026, with the wider systemic framework due by year-end, so this is a genuinely early moment for sterling and euro markets specifically. There’s no need to rush into anything, but it’s worth knowing that the ground rules are now in place rather than years away.
Choose a finance partner who understands both the traditional and the emerging model. This is exactly the gap we’ve built Teybridge Capital Europe to fill. When sterling and euro stablecoin options mature enough to be genuinely useful for working capital, you want a partner who already understands the terrain, not one starting the research at the same time you are.
None of this requires urgency or upheaval. The businesses that benefit most from a shift like this are usually the ones who paid attention early, not the ones who scrambled once everyone else already had.
Momentum Matters
That’s our whole reason for being in business, and it’s exactly why we’re paying close attention to a technology that could remove friction from the very thing we do every day: keeping businesses moving.
Read more from us on the history behind stablecoin, the regulation shaping it across the UK, Ireland and the EU, who’s adopting it and where, whether it’s genuinely safe, and the full story of our founders’ early work in this space, all on our site.
Frequently Asked Questions
Stablecoins are emerging from their origins in the crypto ecosystem and increasingly being explored as infrastructure for mainstream payments, cross-border transactions and financial services.
Why is Teybridge Capital Europe, a structured finance company, writing about Stablecoin?
Because some of Teybridge’s founders were personally involved in one of the first tokenised alternative finance deals in Europe, years before Teybridge Capital Europe existed. We’re writing from direct experience, not as outside commentators and we’re excited about how this technology could potentially help us speed up access to working capital for SMEs.
Is Teybridge Capital Europe becoming a cryptocurrency company?
No. Teybridge remains focused on providing invoice finance, stock finance and working capital solutions to SMEs. We’re exploring how stablecoin technology could make that finance faster and more accessible, not pivoting into crypto trading or speculation.
Do I need to use stablecoin or cryptocurrency to work with Teybridge Capital Europe?
No. Our core finance solutions work exactly as they do today. Stablecoin is something we’re researching and writing about as part of where alternative finance is heading, not a requirement for any business working with us now.
Is stablecoin the same as a central bank digital currency (CBDC)?
No. A stablecoin is issued by a private company or consortium and backed by reserves it holds. A CBDC is issued and operated directly by a central bank. They serve some similar purposes but come with very different implications for privacy and oversight.
