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BNY Makes a Big Stablecoin Bet With Circle’s USDC

Covered by 2 sources · 2 articles

2 outlets - including Cryptopotato and Cryptotimes - are covering this story. America's oldest bank will allow institutional clients to store, mint, redeem, and transfer USDC.

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Circle’s USDC Becomes First Stablecoin Supported by BNY Mellon for Institutional Clients
CryptoPotato Jun 29, 14:48 UTC

Circle’s USDC Becomes First Stablecoin Supported by BNY Mellon for Institutional Clients

America's oldest bank will allow institutional clients to store, mint, redeem, and transfer USDC.

The Crypto Times News Jun 29, 14:38 UTC

BNY Makes a Big Stablecoin Bet With Circle’s USDC

The move gives institutional clients a single platform to custody, mint, redeem, and transfer USDC, further connecting traditional finance with blockchain.