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The Bank of New York Mellon will allow some customers to remit and receive payments to support Stable Coin transactions with Circle
Odaily Planet Daily News The Bank of New York Mellon (BNY) in New York, USA is expanding its services to stablecoin issuer Circle, allowing some customers to transfer funds to or receive funds from Circle through BNY for the purchase or sale of Circle’s stablecoins. Previously, Circle’s customers had to use small banks in the United States to transfer funds to Circle, which may have limited its growth potential. (TheInformation)