Circle Secures OCC Approval to Launch National Trust Bank for USDC Custody
2026-07-10 18:24

Woofun AI reports that the Office of the Comptroller of the Currency has granted final approval for Circle to establish Circle National Trust. This entity will deliver federally regulated custody services for USDC and affiliated assets, with plans to extend direct custody to select institutional clients such as banks and derivatives firms. The final authorization concludes a process initiated by Circle's application in June 2025 and conditional approval in December 2025.

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USDC
Circle
Circle National Trust
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