En resumen
- Circle, a stablecoin issuer, received approval from the U.S.
- Office of the Comptroller of the Currency (OCC) to operate as a trust bank.
- This allows Circle to directly manage reserves for its USDC stablecoin and shifts its regulatory oversight to a national level, boosting its appeal as regulated infrastructure for institutional clients.
Resumen generado por IA
Tamaño de fuente
Circle, a stablecoin issuer, received approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank. This allows Circle to directly manage reserves for its USDC stablecoin and shifts its regulatory oversight to a national level, boosting its appeal as regulated infrastructure for institutional clients.
Temas relacionados
This article was originally published by CNBC.
