Circle unveils a partnership with Standard Chartered
#Circle partners with #StandardChartered to launch an integrated access service for institutional clients to mint and redeem USDC, allowing eligible institutions to use USDC through a single onboarding and service process without opening a separate account with Circle. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) to offer institutional clients USDC minting and redemption through a single onboarding process, without requiring a direct Circle account.
The service connects fiat banking, digital asset infrastructure, and public blockchains in a bank-led solution, enabling faster value transfers and supporting institutional use cases such as on-chain settlement, treasury, and liquidity management, with future payment capabilities planned.
👉 x.com/circle/status/2072591108102586595
#Circle partners with #StandardChartered to launch an integrated access service for institutional clients to mint and redeem USDC, allowing eligible institutions to use USDC through a single onboarding and service process without opening a separate account with Circle. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) to offer institutional clients USDC minting and redemption through a single onboarding process, without requiring a direct Circle account.
The service connects fiat banking, digital asset infrastructure, and public blockchains in a bank-led solution, enabling faster value transfers and supporting institutional use cases such as on-chain settlement, treasury, and liquidity management, with future payment capabilities planned.
👉 x.com/circle/status/2072591108102586595