Compass Investments Two Big Banks Adopt Circle’s USDC Stablecoin This Week

📌 Two Big Banks Adopt Circle’s USDC Stablecoin This Week – Standard Chartered has become the first Global Systemically Important Bank (G-SIB) to offer institutional clients direct access to USDC minting and redemption, through a partnership with issuer Circle announced on July 2. Eligible clients can convert dollars to USDC and back inside their

Two big banks adopted Circle’s #USDC this week. Standard Chartered became the first G‑SIB to offer institutional clients direct minting and redemption via a Circle partnership announced July 2; eligible clients can convert dollars to and from the stablecoin inside their custody accounts. Usdc

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A second major bank rolled out institutional on‑ramp services this week, underscoring growing bank-led liquidity and wider institutional access for dollar stablecoins.

#Macro Insights# #StandardChartered