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BNY adds USDC minting and redemption to institutional custody platform

Covered by 3 sources · 3 articles

3 outlets - including Coinotag, Crypto and Cointelegraph - are covering this story. USDC News BNY has switched on full mint, redeem, hold and transfer capabilities for Circle's USD Coin (USDC) inside its Digital Asset Custody platform, making the token the first stablecoin the ban...

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CoinOtag Jun 29, 19:28 UTC

BNY Unlocks USDC Minting and Redemption Across $59.3T Custody Platform

USDC News BNY has switched on full mint, redeem, hold and transfer capabilities for Circle's USD Coin (USDC) inside its Digital Asset Custody platform, making the token the first stablecoin the ban...

BNY unlocks USDC minting and redemption for institutional clients
Crypto.news Jun 29, 17:31 UTC

BNY unlocks USDC minting and redemption for institutional clients

BNY has added USDC minting, redemption, custody and transfer services to its Digital Asset Custody platform, giving institutional clients direct access to Circle’s stablecoin through the bank. According to BNY, the update allows clients to…

BNY adds USDC minting and redemption to institutional custody platform
Cointelegraph Jun 29, 16:10 UTC

BNY adds USDC minting and redemption to institutional custody platform

The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves.