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

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

Circle earlier rejected acquisition bids by two of the leading crypto industry giants, Ripple and Coinbase (Nasdaq: COIN).

Shares of Circle Internet Group turned higher as Wall Street applauded the stablecoin issuer’s move to try to establish a ...

If the application is approved, Circle would become one of only two crypto firms (alongside Anchorage Digital) to hold a ...

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

Fed Chair Powell says US "well on way" to stablecoin framework; Circle applies for national trust charter post-IPO.

At the end of 2024, it had roughly $43.5 billion in USDC in circulation, up from approximately $24.4 billion the year before.

Crypto platform Anchorage Digital is currently the only digital asset company with a national trust bank charter.

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

Stablecoin issuer. Hype stock. Crypto giant. Circle Internet Group now has another title in its sights: bank. Circle has ...

Circle has applied to the U.S. Office of the Comptroller of the Currency (OCC) to launch a national digital currency bank.