Standard Chartered opens direct USDC access for institutional clients
🏦 On July 2, Standard Chartered partnered with Circle to let institutional clients mint and redeem USDC directly through its banking platform, without needing a separate Circle account.
🌐 The service will initially launch at the Dubai International Financial Centre, with the key highlight being an integrated model led by a G-SIB bank for USDC minting and redemption access.
💵 Instead of managing separate processes with the bank and Circle, institutional clients can access USDC through a single onboarding and service experience, reducing friction in compliance and liquidity operations.
🔗 This is a positive signal for institutional stablecoin adoption, as USDC moves closer to traditional banking infrastructure across treasury, settlement and on-chain payments.
#Stablecoins
$BTC $ETH $SOL
🏦 On July 2, Standard Chartered partnered with Circle to let institutional clients mint and redeem USDC directly through its banking platform, without needing a separate Circle account.
🌐 The service will initially launch at the Dubai International Financial Centre, with the key highlight being an integrated model led by a G-SIB bank for USDC minting and redemption access.
💵 Instead of managing separate processes with the bank and Circle, institutional clients can access USDC through a single onboarding and service experience, reducing friction in compliance and liquidity operations.
🔗 This is a positive signal for institutional stablecoin adoption, as USDC moves closer to traditional banking infrastructure across treasury, settlement and on-chain payments.
#Stablecoins
$BTC $ETH $SOL