Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued ...

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

Circle has applied with the US Office of the Comptroller of the Currency to create the First National Digital Currency Bank, ...

Circle is seeking approval from the OCC to establish a national trust bank to oversee its USDC stablecoin reserves.

Circle Internet Group Inc.’s Jeremy Allaire pointed out that a report that Walmart Inc. and Amazon.com Inc. are exploring the use of stablecoins is the type of fresh market opportunities ...

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

Stablecoin regulation advances in Senate, opening path to mainstream use. Circle CEO says it could strengthen the dollar and ...

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

Circle seeks a trust bank license to directly manage USDC reserves and offer custody for tokenized stocks and bonds onchain.

Jeremy Allaire, co-founder of cryptocurrency company Circle Internet Group Inc., saw his wealth soar to over $1.7 billion on Thursday as the company’s stock nearly tripled on its debut trading day.

Stablecoin issuer Circle CEO Jeremy Allaire said in a June 14 X post that stablecoins will “soon” reach the “iPhone moment” where developers will realize the potential.

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