The investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC's growth.

BNY has made USDC the first stablecoin on its Digital Asset Custody platform. The move extends BNY’s relationship with Circle, which initially selected it as a primary custodian for the reserves ...

The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditional ...