NYSE:CRCLSoftware
What Circle Internet Group (CRCL)'s OCC-Approved National Trust Bank Means For Shareholders
Earlier this week, Circle Internet Group received final approval from the U.S. Office of the Comptroller of the Currency to establish First National Digital Currency Bank, N.A., which will operate as Circle National Trust and initially provide federally supervised fiduciary digital asset custody for Circle and its affiliates.
This charter brings USDC’s core infrastructure into a single federal banking framework, potentially reshaping how regulated institutions access custody and reserve...