Three years ago, BBVA Swiss Bank became one of the first banks to offer cryptocurrency services to retail investors, launching a new generation of digital investment accounts with no net asset requirement. However, customers must keep the equivalent of $10,000 in deposits. Now, BBVA Swiss Bank is expanding its services to add Circle's USDC stablecoin.
In addition to New Gen accounts, these banks also offer cryptocurrency services to institutional and private banking clients of Swiss Bank. Previously, BBVA only supported Bitcoin and Ethereum. While users can hold USDC at the bank, it also means that institutional clients can use it to trade other cryptocurrencies.
BBVA Switzerland increases support for USDC stablecoin
2024-09-09 11:01:31
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