1 month ago
7
Key Takeaways
- Standard Chartered launched institutional USDC minting and redemption with Circle.
- Clients access USDC through the bank, without holding direct Circle accounts.
- It combines fiat banking, custody, and blockchain settlement in one regulated flow.
- The rollout starts in the UAE through Standard Chartered’s DIFC operations.
The new capability allows institutional clients to mint and redeem USDC through Standard Chartered without opening separate accounts with Circle, effectively embedding stablecoin operations inside a regulated global bank rather than relying on crypto-native platforms or exchanges.
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