---
title: "BNY adds USDC minting and redemption to institutional custody platform"
url: https://thecoingazette.com/bny-adds-usdc-minting-and-redemption-to-institutional-custody-platform/
date: 2026-06-29
modified: 2026-06-29
author: "Coin Gazette Editorial"
description: "The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves."
categories:
  - "Uncategorized"
tags:
  - "Latest News"
word_count: 20
---

# BNY adds USDC minting and redemption to institutional custody platform

![BNY adds USDC minting and redemption to institutional custody platform](https://s3-images.ctmedia.io/media/article-covers/hi-sbuidl-okx-tokenized-treasury-fund.png)

The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves.