BackStandard Chartered Launches USDC Minting and Redemption for Institutional Clients

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Standard Chartered Launches USDC Minting and Redemption for Institutional Clients

Bank becomes first Global Systemically Important Bank to offer direct stablecoin access, starting in Dubai.

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En resumen

Standard Chartered has launched a service enabling institutional clients to directly mint and redeem USDC, the stablecoin by Circle, without needing separate accounts with Circle.
This makes it the first Global Systemically Important Bank to offer such integrated access, starting operations in the Dubai International Financial Center.

Resumen generado por IA

Tamaño de fuente

Standard Chartered has launched a service enabling institutional clients to directly mint and redeem USDC, the stablecoin by Circle, without needing separate accounts with Circle. This makes it the first Global Systemically Important Bank to offer such integrated access, starting operations in the Dubai International Financial Center.

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