Converge

Advertisement

BNY Adds USDC to Institutional Custody Platform in Expanded Circle Partnership

BNY, the world's largest custodian bank with $59.4 trillion in assets under custody, has made USDC the first stablecoin on its Digital Asset Custody platform, enabling institutional clients to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.
BNY Adds USDC to Institutional Custody Platform in Expanded Circle Partnership

BNY, the world's largest custodian bank with $59.4 trillion in assets under custody, has made USDC the first stablecoin on its Digital Asset Custody platform, enabling institutional clients to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.

Loading this article…

Advertisement

Free newsletters

Good reporting. Delivered.

Choose your coverage: crypto and DeFi, the future of finance, or both.

Free. Unsubscribe anytime.

Choose your newsletters

No PRO membership needed. Privacy policy