Just In: USDC Parent Inks Major Pact With New York Bank

Just In: USDC Parent Inks Major Pact With New York Bank


CoinGape
2022-06-28 13:43:20

Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. Under the agreement, New York Community Bank will become a custodian for USDC stablecoin. The move is part of Circle Impact, an initiative to improve financial inclusion. It aims at distributing a share of USDC The post Just In: USDC Parent Inks Major Pact With New York Bank appeared first on CoinGape.