Andrew Bailey warned today against stablecoins, which he believes risk undermining the public’s trust in the financial ...

Ripple has applied for a US banking license following a similar move by Circle, as both seemingly aim to be regulated after ...

Circle made a blockbuster public debut on the New York Stock Exchange in early June. The oversubscribed initial public offering (IPO) turned it into one of the hottest stocks in the market. Circle ...

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

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

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

Fed Chair Powell says US "well on way" to stablecoin framework; Circle applies for national trust charter post-IPO.

Circle applies to launch USDC national trust bank, aiming to strengthen compliance, self-custody reserves, and align with new regulations.

Circle said Tuesday that it has submitted an application to the U.S. Office of the Comptroller of the Currency - which is part of the Department of Treasury and charters and regulates all national ...

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

Circle’s move to establish a bank is not the first by a digital-currency player, but represents a major step toward establishing stablecoins as a widely used and accepted form of money, observers say.