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3 sourcesTracking since 29 Jun, 16:10

BNY adds USDC minting and redemption to institutional custody platform

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Chronological coverage

  1. 29 June
  2. Latest29 Jun, 17:31

    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 turn U.S. dollars into USDC…

    Crypto.newsCrypto.news•Lawrence Mondal
  3. Follow-up29 Jun, 16:30

    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.

    The DefiantThe Defiant•The Defiant Team
  4. First seen29 Jun, 16:10

    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.

    CointelegraphCointelegraph•Cointelegraph by Nate Kostar