Standard Chartered and Circle have launched institutional USDC minting and redemption — making Standard Chartered the first global systemically important bank (G-SIB) to offer it through a regulated banking channel.

The service runs out of the Dubai International Financial Centre (DIFC), giving institutions a bank-grade on-ramp to mint and redeem USDC directly against Circle's reserves.

It's a milestone for stablecoin adoption — a top-tier global bank plugging USDC straight into regulated finance.