Circle National Trust Bank Charter: What It Means for USDC

Wed, 15 Jul 2026 22:54:39 +0000

On July 10, 2026, the US Office of the Comptroller of the Currency (OCC) granted Circle Internet Group final approval to establish First National Digital Currency Bank, N.A. — which will operate as Circle National Trust. The approval makes Circle, the issuer of the USDC stablecoin, only the second crypto-native company ever to hold a full national trust bank charter, and it pulls the infrastructure behind a $73 billion stablecoin directly into the US federal banking system.

OCC on Digital Asset Radar

Circle National Trust Bank Charter: What It Means for USDC