BBVA Switzerland increases support for the USDC stablecoin.

Three years ago, BBVA Switzerland became one of the first banks to offer cryptocurrency services to retail investors, launching a new generation of digital investment accounts without net asset requirements. However, customers were required to maintain a deposit equivalent to $10,000. Now, BBVA Switzerland is expanding its service offering by adding Circle's USDC stablecoin. In addition to the New Gen account, these banks also provide cryptocurrency services to Swiss institutional and private banking clients. Previously, BBVA only supported Bitcoin and Ether. While users can hold USDC at the bank, this also means that institutional clients can use it to trade other crypto assets.