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Standard Chartered allows institutional clients to mint and redeem USDC tokens. · Cyprus Report

Business · World

Standard Chartered allows institutional clients to mint and redeem USDC tokens.

1 sourceFirst reported 15 days agoUpdated 15 days ago

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Standard Chartered has launched a new capability for institutional clients to access USDC minting and redemption.
This initiative was developed in partnership with Circle Internet Group, Inc., which issues USDC.
The service aims to broaden institutional clients' involvement in digital currencies.
USDC is a stablecoin that is pegged to the US dollar, designed for various financial transactions.
The announcement emphasizes Standard Chartered's commitment to enhancing digital asset services for its clients.

Generated by AI from the 1 sources below · always verify with the originals

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Summarising the coverage…

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All coverage (1)

Standard Chartered enables institutional clients to access USDC minting and redemptionFinextra · 15 days ago

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AI summary: catch up in 20 seconds

Standard Chartered has launched a new capability for institutional clients to access USDC minting and redemption.
This initiative was developed in partnership with Circle Internet Group, Inc., which issues USDC.
The service aims to broaden institutional clients' involvement in digital currencies.
USDC is a stablecoin that is pegged to the US dollar, designed for various financial transactions.
The announcement emphasizes Standard Chartered's commitment to enhancing digital asset services for its clients.

Generated by AI from the 1 sources below · always verify with the originals