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An agreement between Circle Internet Financial and New York Community Bancorp, Inc. earned NYCB a custodian status today. The partnership entails that the Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. Under the agreement, New York New York Community is the first community bank approved by Circle to serve as a custodian for USDC reserves. The move is part of the company's commitment to Stablecoin issuer Circle announced a USDC custody partnership with New York Community Bank (NYCB). Circle Internet Financials LLC, the blockchain company responsible for issuing the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB), a USD Coin issuer Circle has partnered with New York Community Bancorp in a deal that will see the bank’s subsidiary, New York Community Bank, become a custodian for NYCB partnership marks Circle's first custody relationship with a community bank and brings digital financial literacy opportunities to the greater NYCB community. In accordance with the announcement, Circle’s well-known stablecoin usd coin will be held in custody reserves by NYCB subsidiary, New York Community Bank. With a

Circle Announces Partnership with New York Community Bancorp (NYCB): A Major Step for USDC

Exciting news in the world of cryptocurrency and traditional finance! Circle, the issuer of USD Coin (USDC) stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. This landmark NYCB partnership marks Circle's first custody relationship with a community bank and brings digital financial literacy opportunities to the greater NYCB community. The move is part of the company's commitment to transparency and security for USDC holders.

An agreement between Circle Internet Financial and New York Community Bancorp, Inc. earned NYCB a custodian status today. In accordance with the announcement, Circle’s well-known stablecoin usd coin will be held in custody reserves by NYCB subsidiary, New York Community Bank. New York New York Community is the first community bank approved by Circle to serve as a custodian for USDC reserves.

Circle Internet Financials LLC, the blockchain company responsible for issuing the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB). The partnership entails that the Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. Circle announced a USDC custody partnership with New York Community Bank (NYCB).

This significant collaboration sees a USD Coin issuer Circle has partnered with New York Community Bancorp in a deal that will see the bank’s subsidiary, New York Community Bank, become a custodian for USDC reserves. With a focus on regulatory compliance and secure asset management, this partnership reinforces trust in the USDC stablecoin ecosystem.

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