{"id":37458,"date":"2024-09-09T11:27:09","date_gmt":"2024-09-09T11:27:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bbva-expands-crypto-services-offers-usdc-to-swiss-clients\/"},"modified":"2024-09-09T11:27:09","modified_gmt":"2024-09-09T11:27:09","slug":"bbva-expands-crypto-services-offers-usdc-to-swiss-clients","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bbva-expands-crypto-services-offers-usdc-to-swiss-clients\/","title":{"rendered":"BBVA Expands Crypto Services, Offers USDC to Swiss Clients"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Via its Swiss business, the massive Spanish bank BBVA has made Circle\u2019s USDC stablecoin available to its esteemed clientele. According to a press release on September 9, 2024, this new solution improves BBVA Switzerland\u2019s platform and enables institutional and private banking clients to handle USDC alongside traditional assets.<\/p>\n

Seamless Integration of Stablecoin Services<\/h2>\n

Clients of BBVA Switzerland can now exchange, store, and convert USDC into currencies like euros and U.S. dollars. This integration allows for quicker transactions, benefiting institutional clients who regularly use stablecoins to trade cryptocurrencies on various platforms. The efficiency of these transactions is particularly beneficial for investment fund managers who need reliable tools for managing large sums across exchanges.<\/p>\n

Philippe Meyer, BBVA Switzerland\u2019s head of digital solutions and blockchain, emphasized the importance of offering secure and reliable crypto solutions to institutional clients. \u201cThey need us to provide options to guarantee the assets they manage,\u201d<\/em> he said. BBVA Switzerland continues to assess client needs, aiming to further develop its cryptocurrency offerings in response to market demand.<\/p>\n

BBVA\u2019s integration of USDC follows its 2023 migration to Metaco\u2019s Harmonize platform, a blockchain infrastructure solution owned by Ripple. Harmonize allows clients to connect to multiple blockchain networks, simplifying the process of conducting transactions across platforms. This service is also available through BBVA\u2019s Turkish subsidiary, Garanti BBVA Digital Assets, which offers a range of cryptocurrencies, including Bitcoin, Ethereum, and Avalanche.<\/p>\n

Although it\u2019s unclear exactly which networks, like Coinbase\u2019s Base layer-2, will support USDC, BBVA\u2019s dedication to growing its cryptocurrency services is clear. This action is in line with the bank\u2019s larger plan to improve its services in the quickly developing field of digital assets.<\/p>\n

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(Originally posted on : Crypto News – iGaming.org ) Via its Swiss business, the massive Spanish bank BBVA has made Circle\u2019s USDC stablecoin available to its esteemed clientele. According to a press release on September 9, 2024, this new solution improves BBVA Switzerland\u2019s platform and enables institutional and private banking clients to handle USDC alongside […]<\/p>\n","protected":false},"author":35,"featured_media":37459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37458"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=37458"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/37459"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=37458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=37458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=37458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}