Odaily Planet Daily News BNY Bank of New York Mellon in the United States (BNY) is expanding its services to stablecoin issuer Circle, sources said the bank will allow some customers to remit to Circle or receive from Circle through BNY, for the purchase or sale of Circle's stablecoin. Previously, Circle's customers had to use small banks in the United States to remit to Circle, which may limit its scale of development. (TheInformation)

Odaily Planet Daily News, Bank of China Hong Kong announced that it has become the first commercial bank in Hong Kong to successfully connect with mBridge and has completed the first cross-border remittance for corporate clients, achieving end-to-end automation of remittance inflow and outflow. It is reported that Bank of China Hong Kong will automatically select remittance transactions that meet the conditions and remit them to the receiving bank through the mBridge channel, and can also fully automate the processing through mBridge.