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Cyclops Opens Vienna Office, Establishing Austria as European Headquarters

CyclopsApr 273 min read
Cyclops Opens Vienna Office, Establishing Austria as European Headquarters

Cyclops plants its flag in Europe as the stablecoin & crypto payments infrastructure opportunity accelerates across the continent.

The payments industry is moving fast on stablecoins, and Europe is one of the most important markets in the world for what’s to come. Today, we're announcing the opening of our Vienna office in May and the establishment of Austria as the official European headquarters for Cyclops.

Why Austria

When we evaluated where to put down roots in Europe, Austria stood out for reasons that matter to us and to the payments companies we serve.

The FMA is one of the most experienced regulators in Europe on MiCA and crypto-assets, with clear guidance and a track record of constructive engagement with the industry. MiCA created a unified regulatory framework across the EU, and if authorized, a single entity in Austria would give Cyclops the ability to serve payments companies across the full European Economic Area. For a company that is compliance-first by design, choosing a jurisdiction with a high-regulatory standard was never a question.

Austria also has a developed financial services ecosystem, a pool of highly skilled professionals with experience across financial services and crypto-asset markets and an active fintech and crypto community. Austria is positioning itself as a crypto hub in Europe — after an extensive comparison, it ranked number one across our criteria.

Our Vienna office is now open. If you'd like to connect with our European team, our team will be in touch.

What This Means for European Payments Companies

Regulatory clarity under MiCA has removed the biggest barrier to adoption, and the payments companies that move now will be the ones defining what stablecoin infrastructure looks like across the continent.

Cyclops is here to make that easier. The same platform powering stablecoin settlement, crypto acceptance and global payouts for payments companies is now backed by a dedicated European team and local expertise, with a compliance-first foundation being built to match.

If you're a PSP, acquirer or processor operating in Europe and thinking through your stablecoin strategy, we'd love to talk. Reach out to our team here.

About Cyclops

Cyclops was founded by a team of payments executives and crypto veterans fed up with stablecoin fragmentation. After selling their first company to Shift4 and spending years building its stablecoin settlement, payin and payout products with multiple partners, our founders set out to unify stablecoin infrastructure themselves — and Cyclops was born.

Cyclops is the first complete stablecoin platform built exclusively for the payments industry, partnering where best-in-class capabilities exist and building where they don’t. The result: stablecoin and fiat settlement, payins, payouts and treasury optimization, all through a single API and onboarding process.

Interested in joining the team? Check out our open roles here. We're hiring!

Want to learn more about the Cyclops platform? Connect with us here.

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