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CoinNetwork

CoinJie.com news: USDC issuer Circle has received approval and is now a federally regulated U.S. trust bank.

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GaslightGardener
· 2h ago
Another seam between traditional finance and Crypto has been welded shut: Circle now holds a state money transmitter license in its left hand and a federal trust license in its right, playing double insurance the right way.
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NftsOutsideTheTidalLine
· 4h ago
It’s solid… received.
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MidnightReconciler
· 4h ago
Trust banks mean stricter capital requirements and custody standards; the pressure on Circle’s reserve transparency will only grow, and we’ll see how the subsequent audits handle it.
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PlayfulAndCheerfulSunflower
· 4h ago
Circle makes this move decisively, and its compliance moat has deepened further.
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Can'tSleepWithoutSigningThe
· 4h ago
Jumping from a state license to a federal trust bank is a big upgrade; regulatory arbitrage space is being squeezed, which is a long-term positive for the industry.
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YieldGardenKid
· 4h ago
Will USDC be able to be used directly as a US dollar deposit going forward?
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