Circle taps Cross River as banking partner, expands ties with BNY Mellon By Cointelegraph
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Circle has revealed that Cross River Bank — recognized for its services to fintech and crypto firms like Visa (NYSE:) and Coinbase (NASDAQ:) — is now its new commercial banking partner for producing and redeeming (USDC).
In addition, Circle has “expanded relationships” with other banking partners to assist with USDC redemption, including Bank of New York Mellon (NYSE:) (BNY Mellon), which already provides custody services for Circle’s reserves.
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Circle has revealed that Cross River Bank — recognized for its services to fintech and crypto firms like Visa (NYSE:) and Coinbase (NASDAQ:) — is now its new commercial banking partner for producing and redeeming (USDC).
In addition, Circle has “expanded relationships” with other banking partners to assist with USDC redemption, including Bank of New York Mellon (NYSE:) (BNY Mellon), which already provides custody services for Circle’s reserves.
Continue Reading on Coin Telegraph
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