Quantcast

BBVA expands crypto services to include USD Coin

CRYPTO NEWS AROUND THE GLOBE
District Judge on Coinbase lawsuit: Coinbase 'sells digital assets qualifying as "securities" without registering with' SEC
Bitcoin: Michael Saylor and Strategy add 7,633 BTC to their treasury
European Central Bank (ECB) hopes Trump's pro-crypto policy will accelerate digital euro
Chairman of Czech Cryptocurrency Association on new crypto laws: ‘Key part of the future of the Czech economy’
U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral
French crypto entrepreneur on Binance France investigation: 'timing is perfect' to 'secure full cooperation' with crypto tax
Alchemy Pay acquires Korea Electronic Financial Business registration
Bitcoin: El Salvador continues to accumulate BTC
Blackrock Plans to Launch a Bitcoin ETP in Europe: Bloomberg
French crypto entrepreneur on Binance France investigation: 'two days after the Senate vote on unrealized capital gains'
Bitcoin retail sellers send $625M to Binance before 'first cycle top'
Crypto entrepreneur on France's Bitcoin tax: France is 'going down'
ECB cuts rates, does not expect strategic Bitcoin reserves in EU
YZi Labs (formerly Binance Labs) brings $16 million to Sign’s airdrop distribution services
CIF: Congress must act on permanent safeguards against debanking, Chokepoint 2.0
US Crypto Reserve – Bitcoin or XRP: BRICS Has the Power to Affect the US
Tether disappointed with ‘rushed actions’ on MiCA-driven USDT delisting in Europe
Binance Labs rebrands to YZi Labs with new leadership and investment focus
Crypto influencer: Bitcoin's 'design ensures that no single person or entity can control it'
Bitcoin: Crypto market catches its breath after DeepSeek shock
Bitcoin 'extremely bullish' as traders gear up for next BTC price pump
The New SEC Chairman Is Pro-Crypto and Here's Why That Changes Everything
EUCI co-founder: 'A decentralised product will have different legal consequences in different markets'
US: SEC launches crypto task force led by Hester Peirce
ECB member doubles down on digital euro after Trump’s crypto EO: Report
Binance authorized by Uzbek regulator to provide services
Coinbase CEO on transaction delays: 'We were not anticipating this level of surge'
SEC launches crypto task force led by Hester Peirce
World Liberty Financial: Trump's DeFi project breaks records
Trump inauguration live: Latest crypto market updates, analysis, reactions
All Crypto News Around The Globe
BBVA expands crypto services to include USD Coin
Web3/Crypto
Webp vila
BBVA Chiar Carlos Torres Vila | BBVA website

BBVA announced it is expanding its cryptocurrency custody and trading services to include USD Coin (USDC). This addition will benefit the bank’s institutional and individual account holders in Switzerland.

According to an announcement on BBVA's website, the expansion will allow its banking clients to transfer value more efficiently with blockchain and secure their stablecoins into BBVA’s vault. Additionally, BBVA’s Swiss institutional and private banking clients, as well as holders of NewGen accounts, can now manage their USDC funds and traditional investments on the same platform. These customers can exchange, custody, or automatically convert USDC in near real-time into euros, dollars, or any other currency.

According to the press release, USDC—backed by liquid cash and cash-equivalent assets—is a stablecoin with price parity to the U.S. dollar. Powered by blockchain technology, the stablecoin has less volatility compared to other crypto-assets. USDC is redeemable at 1:1 for U.S. dollars.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

This is the third cryptocurrency that BBVA has added to its digital asset service in Switzerland. "We want to offer our private clients simple access to the tokenized products they are most interested in and cannot access through traditional financial institutions. Meanwhile, our institutional clients need us to provide options to guarantee the assets they manage," Philippe Meyer, Head of Digital Solutions and Blockchain at BBVA in Switzerland, said in the press release. "We will analyze all the crypto assets they are investing in to continue building our offering with further innovative solutions," Meyer said.

More News

President of Les Engagés Bruxelles Party: ECB's digital euro is 'useless, costly, and dangerous waste'

Christophe De Beukelaer, President of Les Engagés Bruxelles Party, expressed concerns regarding the European Central Bank's (ECB) development of a digital euro.

Jul 31, 2025

Binance introduces advanced trading tools with DEX Pro Mode

Binance has announced the launch of DEX Pro Mode for its Binance Wallet, as said in a press release.

Jul 31, 2025

Executive Chairman of Strategy: 'Strategy has acquired 21,021 BTC for ~$2.46 billion'

Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), announced that the company has continued to increase its Bitcoin holdings and reported a strong year-to-date yield, reinforcing its leadership in corporate cryptocurrency...

Jul 31, 2025

ASIC warns investors about Bitget’s unlicensed crypto futures in Australia

The Australian Securities and Investments Commission (ASIC) has issued a warning to investors regarding unlicensed crypto asset futures products offered by Bitget, as said in a public announcement.

Jul 29, 2025

Binance expands off-exchange collateral services to include tokenized real-world assets

Binance has announced an expansion of its institutional off-exchange settlement services, introducing support for two tokenized real-world assets, USYC and cUSDO, which can now be pledged as collateral.

Jul 28, 2025

Co-founder of Ethereum: 'Almost exactly 50% of stake is voting to increase the L1 gas limit'

Vitalik Buterin, co-founder of Ethereum, has said that approximately half of the network's stake supports an increase in the Ethereum Layer 1 (L1) gas limit.

Jul 28, 2025

Crypto Comments
Loading...

No comments available.

Trending
1

Binance founder on Sen. Warren comments: 'NYSE ≠ economy'