Circle and Standard Chartered announced a partnership to offer institutional stablecoin access, initially available through DIFC operations.
10 reports, 4 independent
Updated Sep 3
Gone quiet
Reached 3 outlets in its first 24 hours
- Reports
- 10
- Developments
- 3
- Repetition
- 70%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Circle and Standard Chartered announced a partnership to offer institutional stablecoin access, initially available through DIFC operations.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.USDC infrastructure is expanding globally in Singapore, with regulatory approvals sought in the UK.1 source
Institutional adoption of USDC is driving market share gains over USDT.1 source
Partnership established between Circle and Standard Chartered for institutional stablecoin services in Dubai.1 source
Keep exploring
The entities involved
-
Circle
peer-to-peer payments technology company
- Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.
- Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.
-
Standard Chartered
British financial company
-
Dubai
most populous city in the United Arab Emirates and the capital of the Emirate of Dubai
Related events
- Mirae Asset Global Investments strengthens its presence in the Middle East, establishing an office in DIFC and securing a DFSA license.
- A company named Invest provides business formation services through a government body in Dubai.
- Standard Chartered is offering spot trading for institutional clients involving Bitcoin, amidst Middle East tensions and rising oil prices.