Standard Chartered has launched a capability allowing institutional clients to mint and redeem USDC.

As the first Global Systemically Important Bank (G-SIB) to offer this integrated access, Standard Chartered enables institutions to use the service without requiring them to maintain direct accounts with Circle.

Standard Chartered is initially rolling out the USDC service to eligible clients operating through its Dubai International Financial Centre (DIFC) operations.

It plans to expand the capability into additional markets, subject to regulatory approval and market readiness.

Positioned as a bank-led integrated solution across banking, custody, and digital asset services, this capability connects fiat infrastructure with public blockchain networks.

It represents the first phase of a broader global stablecoin proposition designed to support institutional on-chain settlement, treasury operations, and liquidity management.

“Digital assets are becoming an increasingly important component of global financial infrastructure, and institutional clients are seeking the same levels of trust and governance that underpin traditional markets,”

said Roberto Hoornweg, Chief Executive Officer of Corporate and Investment Banking at Standard Chartered.

Kash Razzaghi, Chief Commercial Officer, Circle, said:

“By integrating Circle’s regulated stablecoin infrastructure into Standard Chartered’s global banking platform, we are helping institutions access new opportunities to use USDC across payments, settlement and treasury operations while maintaining the compliance, governance, and risk management standards they expect.”

The launch forms part of the broader digital asset strategy across the banking and custody operations at Standard Chartered.

It reflects growing institutional demand for stablecoin infrastructure to support cross-border payments and digital market participation.

Featured image credit: Edited by Fintech News UAE, based on image by Frolopiaton Palm via Magnific