BNY expands Circle partnership to offer USDC custody and conversion services to institutio

BNY announced a strategic partnership on June 29, 2026.

Primary

BNY

Date

June 29, 2026

Sub-sector

Crypto / Stablecoin

Shows major incumbent banks are building stablecoin infrastructure, signaling regulatory acceptance and market maturity. Relevant for fintech founders in payments or treasury—indicates institutional stablecoin adoption is accelerating and may create partnerships or competitive pressure.

Primary company

BNY

Counterparty

Not disclosed

Amount

Not disclosed

Event date

June 29, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com