Standard Chartered Becomes First Global Bank to Offer Direct USDC Access to Institutions

In brief Standard Chartered has become the first Global Systemically Important Bank (G-SIB) to offer institutional clients direct access to mint and redeem USDC. The service, launching first through the bank’s Dubai (DIFC) operations, targets uses like on-chain settlement, treasury, and liquidity management, with payment features planned later. The launch is the first phase of…

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