Circle Applies for US National Trust Bank Charter After Mega IPO

BloombergJun 30, 2025
#Crypto Stocks CRCL-1.53%
On the heels of its blockbuster IPO, stablecoin issuer Circle Internet Group Inc. said it is seeking to create a national trust bank in the US. If approved, Circle would be only the second operating crypto company with such a bank charter, which requires approval from the US Office of the Comptroller of the Currency. In 2021, the regulator conditionally approved the conversion of Anchorage Trust Company into Anchorage Digital Bank.
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Circle Applies for US National Trust Bank Charter After Mega IPO

BloombergJun 30, 2025
#Crypto Stocks CRCL-1.53%
On the heels of its blockbuster IPO, stablecoin issuer Circle Internet Group Inc. said it is seeking to create a national trust bank in the US. If approved, Circle would be only the second operating crypto company with such a bank charter, which requires approval from the US Office of the Comptroller of the Currency. In 2021, the regulator conditionally approved the conversion of Anchorage Trust Company into Anchorage Digital Bank.
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