Circle Secures OCC Approval to Launch National Digital Currency Trust Bank
2026-07-10 20:03

Woofun AI reports that the Office of the Comptroller of the Currency has granted Circle Internet Group approval to establish a national digital currency trust bank. The regulator authorized the creation of an entity named "Circle National Trust", which will operate under federal trust bank regulations to provide institutional services including digital asset custody. This license allows Circle to integrate regulatory requirements under a single framework, expanding its scope beyond USDC issuance and payment services. CEO Jeremy Allaire emphasized that stablecoins serve as crucial infrastructure linking traditional finance with the on-chain economy.

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USDC
Jeremy Allaire
Circle Internet Group
Circle
Circle National Trust
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