By Isaac • July 2, 2026 5:50 pm •
Circle and Standard Chartered announced on July 2, 2026 that eligible institutional clients can now mint and redeem USDC through Standard Chartered’s own onboarding and service experience.
The bank is running this through its DIFC operations to start, with expansion into other markets tied to regulatory approvals and market readiness.
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The change is simple to state. Institutions no longer have to open a direct account with Circle to get USDC issuance and redemption.
They go through the bank they already work with.
Circle and Standard Chartered describe the bank as the first Global Systemically Important Bank licensed to offer this integrated access.
Circle 🤝 Standard Chartered@StanChart has launched institutional USDC minting and redemption through DIFC,
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