Circle has obtained a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC)

Golden Finance reports, citing The Block, that after receiving preliminary conditional approval seven months ago, Circle has finally obtained OCC (Office of the Comptroller of the Currency) nationwide trust bank licensing.
In its initial phase, the bank will provide custody services for Circle’s related entities, while management of USDC reserve funds is being planned as future business capacity.
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