Standard Chartered Unlocks Institutional USDC Access in DIFC, Marking a Banking Industry First

1 month ago 16

Rommie Analytics

Key Takeaways:

  • Standard Chartered institutionalised the minting and redemption of its odd units of USDC with Circle.
  • When a client chooses to access USDC, they don’t have to open an account on Circle.
  • Launching in DIFC and addressing settlement, treasury and liquidity use cases.