Circle: USDC Becomes First Stablecoin Supported by BNY Digital Asset Custody Platform

Jinse Finance reported, according to official sources, that USDC issued by Circle will become the first supported stablecoin on the digital asset custody platform of financial services company BNY, with both parties deepening cooperation on institutional-grade stablecoin services. BNY clients can now hold USDC in their digital asset custody wallets and instruct Circle through BNY to mint USDC from dollars or redeem USDC for dollars, covering the complete lifecycle of institutional stablecoin operations.
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