The proposal to create the First National Digital Currency Bank “marks a significant milestone to build an internet financial ...

If the national bank regulator grants Circle approval, it plans to spin up a national trust bank called First National ...

Circle made a blockbuster public debut on the New York Stock Exchange in early June. The oversubscribed initial public ...

Shares of Circle Internet Group turned higher as Wall Street applauded the stablecoin issuer’s move to try to establish a ...

If the application is approved, Circle would become one of only two crypto firms (alongside Anchorage Digital) to hold a ...

Crypto platform Anchorage Digital is currently the only digital asset company with a national trust bank charter.

Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued ...

Stablecoin issuer. Hype stock. Crypto giant. Circle Internet Group now has another title in its sights: bank. Circle has ...

At the end of 2024, it had roughly $43.5 billion in USDC in circulation, up from approximately $24.4 billion the year before.

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.

Circle has applied to the U.S. Office of the Comptroller of the Currency (OCC) to launch a national digital currency bank.