Circle Chooses BNY Mellon to Custody USDC Reserves – Bitcoin News

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Circle Chooses BNY Mellon to Custody USDC Reserves – Bitcoin News
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Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s USDC reserves.

will become the primary custodian for USDC, Circle expects the partnership to further “facilitate an exchange of expertise on a range of topics across digital and traditional markets.”

Bridging of traditional and digital capital markets, investment management, digital asset custody, cash management for fiat and non-fiat payments, and the exploration of digital cash for purposes of settlement.

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