Circle and NYCB banners

New York Community Bank to Serve as Custodian for USDC Stablecoin Reserves, Circle Announces Partnership

Circle, the issuer of the USD coin (USDC) stablecoin, has announced a strategic partnership with New York Community Bank (NYCB), a community bank with branches across several states. The collaboration aims to leverage NYCB’s custodial services and work on developing low-cost financial solutions for underserved communities.

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