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Western Australia

Xapo Bank Becomes The First Fully Licensed Bank To Enable USDC Deposits and Withdrawals

  • Written by The Chronicle

Xapo Banks marks a watershed moment for digital asset innovation by enabling members to bypass costly and time-consuming SWIFT payments and deposit and withdraw via USDC instead.

BANGKOK, THAILAND - Media OutReach - 28 March 2023 - Xapo Bank, a leading Bitcoin custodian and licensed private bank, has collaborated with Circle, a global financial technology company helping money move at internet speed, to become the first licensed bank in the world to integrate USDC payment rails as an alternative to SWIFT.

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