Search Results for: MDIs

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

by

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the…

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

by

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners…