Circle has received final approval from the US Office of the Comptroller of the Currency to establish a national trust bank, allowing the USDC issuer to expand its regulated digital asset custody operations in the United States. The company announced today (Friday) that the new institution will operate as Circle National Trust, formally established as First National Digital Currency Bank. The approval follows Circle's application for a national trust charter in June 2025. The decision also marks the first approval among a recent wave of applications from major stablecoin issuers seeking federal trust bank charters. ... (full story)