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Institutions can now mint and redeem USDC via Standard Chartered's banking platform starting in Dubai.

Market News
03 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Standard Chartered and Circle have partnered to allow institutional clients to mint and redeem USD Coin (USDC) through Standard Chartered's bank-led platform, starting at Dubai International Financial Centre. This integration combines banking, custody, and digital asset services, making USDC more accessible to traditional finance. USDC is the second-largest stablecoin with a supply of $70-$80 billion, reflecting strong demand and growing institutional adoption. The service is expected to expand to other markets and support payment use cases in the future.

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