Standard Chartered Integrates USDC Access for Institutional Clients

The service, which launches through the bank’s operations in the Dubai International Financial Centre, connects fiat banking with digital asset custody and public blockchain networks. This unified approach allows institutions to manage settlement and payments within a regulated environment. The bank intends to roll out the offering to additional global markets, contingent upon local regulatory approvals and market readiness.

Roberto Hoornweg, CEO of Corporate and Investment Banking at Standard Chartered, noted that clients are increasingly seeking the same standards of trust and governance for digital assets that currently support traditional financial markets. Kash Razzaghi, Chief Commercial Officer at Circle, added that the partnership simplifies stablecoin adoption for institutions by integrating blockchain functionality directly into trusted banking channels. The move follows similar industry efforts, such as BNY’s recent integration of USDC services, as major financial institutions compete to position themselves within the evolving digital asset payment infrastructure.