September 5, 2026

BNY Mellon becomes custody partner of Circle’s USDC Stablecoin

BNY Mellon becomes custody partner of Circle’s USDC Stablecoin

The Bank of New York Mellon Corporation, or BNY Mellon, has landed a major deal with Circle, making the bank the primary custodian for the reserve assets of USDC, a US Dollar-backed stablecoin. Presently, USDC ranks the second largest stablecoin in terms of market capitalization, with about $52 billion tokens in circulation. Per its latest […]

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