New York Mellon Bank will allow some customers to remit and receive payments to Circle in support of stablecoin transactions
The Bank of New York Mellon (BNY) in the United States is expanding its services for stablecoin issuer Circle, according to insiders. The bank will allow some customers to remit or receive money from Circle through BNY for the purchase or sale of Circle's stablecoins. Previously, Circle's customers had to use small banks in the U.S. to remit money to Circle, which may have limited its scale of development. (TheInformation)
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