Circle Selects Signature Bank for USDC Integration and Reserve Balances
Companies Forge Tech Partnership to Include Integration of Circle into SignetTM
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BOSTON, April 19, 2021 /PRNewswire/ -- Circle, a global financial technology firm that provides payments and treasury infrastructure for digital businesses announced today that
Signature Bank (Nasdaq: SBNY), a New York-based, full service commercial bank, will become their leading financial institution to hold billions of dollars in reserve deposits related to USD Coin (USDC), the fastest growing digital dollar in the world.
The two companies also committed to a long-term roadmap that will kick off with the integration of Circle into