BNY Mellon Expands Stablecoin Services with USDC Custody and Minting

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BNY Mellon, the world's largest custody bank, is broadening its digital asset offerings by adding custody and minting services for Circle's USDC stablecoin. The move is aimed at institutional clients seeking regulated exposure to stablecoins. This expansion reflects the growing integration of stablecoins into traditional financial infrastructure. BNY Mellon's involvement signals increasing confidence among legacy financial institutions in digital dollar instruments.

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