DeepTide TechFlow news: On July 02, according to official sources, Standard Chartered Bank announced a partnership with Circle to provide institutional clients with access to USDC minting and redemption capabilities, becoming the first globally systemically important bank to offer such integrated services. Eligible institutional clients do not need to directly open a Circle account; they can use USDC through a single account onboarding and service process. Initially, the service will be provided through Standard Chartered’s operations in the Dubai International Financial Centre, supporting scenarios such as on-chain settlement, treasury management, and liquidity management; it is planned to expand to more markets after obtaining regulatory approval.

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