Circle Receives Approval to Set Up U.S. National Trust Bank for USDC
Circle receives OCC approval to form a U.S. National Trust Bank, integrating USDC with federal oversight and institutional custody services. Circle has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a U.S. National Trust Bank. The approval lets Circle manage USDC reserves under federal oversight and offer...
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