Circle has received approval from the OCC to establish Circle National Trust, a federally regulated national trust bank. The charter strengthens the infrastructure behind USDC and could eventually bring management of the stablecoin’s reserve under direct federal oversight. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from the […]
Source: https://news.bitcoin.com/circle-wins-occ-approval-for-national-trust-bank-to-strengthen-usdc-infrastructure/
