Stablecoin firm Circle wins final OCC approval to open national trust bank
Stablecoin firm Circle has won final approval from the OCC to open a national trust bank. The news was reported by The Block. The article body itself contained no additional details beyond the headline.
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Circle filed for the charter on June 30, 2025 and received conditional approval in December 2025; First National Digital Currency Bank, N.A. will custody USDC reserves under federal oversight.
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