CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

BBVA Introduces USDC to Swiss Clients, Expanding Crypto Custody Options

09.09.2024
A A
0
122
VIEWS
ShareShare

Spanish bank BBVA said Monday that it expanded its crypto custody and trading services to include USD Coin (USDC) for institutional and private banking clients in Switzerland. This update enables clients to trade, hold or convert USDC into euros, dollars or other currencies almost instantly.

The bank explained that investment fund managers and large corporations often use stablecoins like USDC to speed up transactions across different cryptocurrency exchanges. Additionally, stablecoins help mitigate the volatility risk of other cryptocurrencies by allowing assets to be converted into stablecoins, preserving their value during market fluctuations.

USDC’s primary advantage is its direct connection to the USD, which ensures its value remains stable, unlike the unpredictable nature of other cryptocurrencies. As a result, this stability makes it a reliable store of value in the market.

Also through BBVA, Garanti BBVA Digital Assets offers a service in Türkiye that allows customers to trade, store, and transfer USDC. Further, clients can trade Bitcoin, Ether, and AVAX, as well as securely store their Chiliz holdings.

BBVA Adds USDC to Bitcoin and Ether Lineup

BBVA said that USDC is the third crypto added to its digital asset services in Switzerland. The bank first introduced the service in 2021 with Bitcoin and Ether, which were in high demand among investors. Later, by the end of 2023, BBVA shifted its custody operations to Metaco’s Harmonize platform.

“We want to offer our private clients a simple access to the tokenized products they are most interested in and cannot access through traditional financial institutions,” said Philippe Meyer, Digital Solutions and Blockchain Head at BBVA in Switzerland.

“Meanwhile, our institutional clients need us to provide options to guarantee the assets they manage.”

Switzerland’s Blockchain-Friendly Policies Drive Investments and Innovation

Switzerland has developed a regulatory framework that fosters blockchain and crypto businesses. Its strategy led to the creation of the Distributed Ledger Technology (DLT) Act, allowing the tokenization of securities and rights, making their trading on blockchain networks more efficient.

Additionally, Switzerland has attracted significant investments in the crypto and blockchain industries. Cities like Zug, known as “Crypto Valley,” host numerous blockchain startups, foundations and companies. This supportive environment strengthens Switzerland’s reputation for being crypto-friendly with a strong infrastructure.

The post BBVA Introduces USDC to Swiss Clients, Expanding Crypto Custody Options appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

‘Trillions by 2030’: Stellar, Centrifuge and Moody’s Outline What’s Next for Real-World Assets
All news

‘Trillions by 2030’: Stellar, Centrifuge and Moody’s Outline What’s Next for Real-World Assets

03.10.2025
0

Real-world assets (RWAs) on public blockchains could reach trillions by 2030, panelists said during a session moderated by CryptoNews in...

Read moreDetails
October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC?

October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC?

03.10.2025
US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
Load More
Next Post
TEPCO Subsidiary Ventures into Bitcoin Mining to Harness Wasted Renewable Energy

TEPCO Subsidiary Ventures into Bitcoin Mining to Harness Wasted Renewable Energy

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

US CFTC Launches Stablecoin Collateral Plan For Derivatives Markets

US CFTC Launches Stablecoin Collateral Plan For Derivatives Markets

1 week ago
Renewable energy Bitcoin mining company powers up in Sweden

Renewable energy Bitcoin mining company powers up in Sweden

2 years ago
Founder’s Packs for WAGMI Games Arriving on OpenSea -September 27th

Founder’s Packs for WAGMI Games Arriving on OpenSea -September 27th

2 years ago
Bitcoin Price Hits Next Bearish Target, But Bears Are Not Done Yet

Bitcoin Price Hits Next Bearish Target, But Bears Are Not Done Yet

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC?

Bitcoin above $120k: Here’s 3 data points bulls must watch next

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

Why Is Crypto Up Today? – October 3, 2025

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Trending

BlackRock’s $24 billion Bitcoin flywheel is moving BTC liquidity with 800% growth
Analysis

BlackRock’s $24 billion Bitcoin flywheel is moving BTC liquidity with 800% growth

03.10.2025
0

BlackRock’s iShares Bitcoin Trust has taken in $23.8 billion in net inflows this year, while the firm’s...

‘Trillions by 2030’: Stellar, Centrifuge and Moody’s Outline What’s Next for Real-World Assets

‘Trillions by 2030’: Stellar, Centrifuge and Moody’s Outline What’s Next for Real-World Assets

03.10.2025
Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases

Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases

03.10.2025
October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC?

October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC?

03.10.2025
Bitcoin above $120k: Here’s 3 data points bulls must watch next

Bitcoin above $120k: Here’s 3 data points bulls must watch next

03.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz