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Circle wants a national trust bank. That’s the play. After its stock exploded post-IPO, the company filed a formal request on ...
Circle Internet Group, which debuted on the New York Stock Exchange earlier this month, has applied for a bank charter.
Circle is seeking approval from the OCC to establish a national trust bank to oversee its USDC stablecoin reserves.
Circle seeks a trust bank license to directly manage USDC reserves and offer custody for tokenized stocks and bonds onchain.
(Reuters) -Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster ...