Circle Receives Final U.S. OCC Approval to Establish National Trust Bank, Advancing USDC Custody Infrastructure Under Federal Regulation
According to official sources, Circle announced that it has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish the national trust bank Circle National Trust. The institution will initially provide digital asset custody services for Circle and its affiliates, and may open to selected institutional clients in the future based on demand.
