Circle has received approval from the Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, a federal trust bank, bringing custody of its USDC stablecoin under federal regulation.
According to NS3.AI, the trust bank is expected to serve institutional clients, including banks and derivatives dealers.
Circle submitted its OCC application last June and received conditional approval in December.
Circle Receives OCC Approval to Establish Circle National Trust for USDC Custody
2026-07-10 10:56:09
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