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Customers Bank

Crypto-friendly bank holding stablecoin issuer cash reserves

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About

Customers Bank is a US commercial bank that has become a key banking partner for crypto firms and stablecoin issuers, holding cash deposit reserves and operating CBIT, a real-time blockchain-based instant payments network used by digital-asset clients.

Holds portions of Circle's USDC cash reserves; runs the CBIT payments rail.

Stablecoins

USDC

Key products

Cash deposit reservesCBIT instant payments
Founded
2009
HQ
West Reading, Pennsylvania, USA
Stage
Public
Funding
Public (NYSE: CUBI)

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