CryptoMediaClub
Wednesday, July 30, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Circle to Establish National Trust Bank in U.S.

01.07.2025
A A
0
118
VIEWS
ShareShare

FinTech company Circle officially submitted an application to create a federally regulated trust bank that will manage USDC reserves and provide custodial services to institutional clients.

Circle Plans to Launch National Trust Bank in U.S.

Circle Internet Group, Inc., the issuer of the stablecoins USDC and EURC, filed an application with the U.S. Office of the Comptroller of the Currency (OCC) to establish the national trust bank First National Digital Currency Bank, N.A. If approved, the bank will receive a federal trust charter, allowing Circle to integrate even more closely into the U.S. financial system. The bank’s responsibilities will include managing USDC reserves, issuing and circulating the digital dollar, and offering digital asset custody services to institutional clients.

Jeremy Allaire, CEO of Circle, noted that establishing a national digital trust bank is an important milestone in developing a transparent and accessible financial internet infrastructure. He emphasized that moving toward a federal charter will enable Circle to comply with future regulatory requirements and strengthen the resilience of the U.S. dollar in the global digital economy.

The press release highlights Circle’s successful track record of obtaining key licenses. The company was the first to receive the BitLicense from the New York State Department of Financial Services (NYDFS) in 2015, became the first stablecoin issuer to comply with the European MiCA regulation in 2024, and in February 2025, its stablecoins were the first to receive official recognized crypto asset status at the Dubai International Financial Centre (DIFC).

Currently, in addition to stablecoins, Circle offers a broad range of FinTech solutions for businesses and developers, integrating blockchain technologies and stablecoins into commercial and payment processes worldwide.

For example, in April 2025, Circle launched a global payment network based on stablecoins for international transfers, Circle Payments Network (CPN). Two months later, Circle partnered with FinTech company Matera to launch a solution enabling financial institutions in Brazil to settle payments in USDC stablecoins directly through existing bank accounts.

Сообщение Circle to Establish National Trust Bank in U.S. появились сначала на CoinsPaid Media.

Share9Tweet6ShareSharePin2

Related Posts

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves
All news

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

30.07.2025
0

By the end of July 2025, major corporate investors acquired about 1% of the total Ethereum supply. Institutional demand is...

Read moreDetails
Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

30.07.2025
AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

30.07.2025
Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

30.07.2025
Revolut Mulls Buying US Bank to Fast-Track American Licence: Report

Revolut Mulls Buying US Bank to Fast-Track American Licence: Report

30.07.2025
Load More
Next Post
American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Avalanche’s Struct Finance TVL Surges 120%, Clinches First Spot. 

Avalanche’s Struct Finance TVL Surges 120%, Clinches First Spot. 

2 years ago
Rocket Pool Token Forms an Ascending Triangle Pattern, Indicating a Bullish Breakout

Rocket Pool Token Forms an Ascending Triangle Pattern, Indicating a Bullish Breakout

2 years ago
Genesis and Winklevoss’ Gemini Discussed Merger Plans Before Collapse, Court Filings Show

Genesis and Winklevoss’ Gemini Discussed Merger Plans Before Collapse, Court Filings Show

1 year ago
Lawsuit Filed: Wall Street Journal Faces Defamation Allegations Over Tether-Bitfinex Article

Lawsuit Filed: Wall Street Journal Faces Defamation Allegations Over Tether-Bitfinex Article

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin could target $141k if it breaks out of the $105k-$125k box

AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

Revolut Mulls Buying US Bank to Fast-Track American Licence: Report

China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Solana by the End of 2025

BlackRock says clear US rulebook turns stablecoins into payment method of the ‘future of finance’

Trending

SEC’s in-kind approval can spark HUGE $710 billion supply squeeze for Bitcoin ETFs
Analysis

SEC’s in-kind approval can spark HUGE $710 billion supply squeeze for Bitcoin ETFs

30.07.2025
0

On July 29, the U.S. Securities and Exchange Commission approved in-kind creation and redemption mechanisms for spot...

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

30.07.2025
Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

30.07.2025
Bitcoin could target $141k if it breaks out of the $105k-$125k box

Bitcoin could target $141k if it breaks out of the $105k-$125k box

30.07.2025
AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

30.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz