New Crypto
Monday, 6/29, 04:43 PM
BNY Lets Institutions Mint and Redeem the USDC Stablecoin Directly
- BNY, the world's largest custodian bank, will let institutional clients create and cash out Circle's USDC stablecoin directly through its custody platform.
- It's another sign that big, regulated banks are wiring stablecoins into mainstream financial plumbing.