Bank of New York Mellon will allow some customers to transfer and receive funds to Circle to support stablecoin transactions

Odaily Planet Daily News: Bank of New York Mellon (BNY) is expanding its services for stablecoin issuer Circle. Insiders say that the bank will allow some customers to transfer funds to or receive payments from Circle through BNY for the purchase or sale of Circle's stablecoins. Previously, Circle's customers had to use small banks in the United States to transfer money to Circle, which may limit its development scale. （TheInformation）