🚨UPDATE: Two weeks. Two of the most conservative institutions in American finance got federal paperwork for digital dollars.


1⃣June 29: BNY, $59.3 trillion under custody, founded 1784, adds USDC minting and redemption to its platform.
2⃣July 10: Circle receives final OCC approval for a national trust bank chartered to custody USDC reserves.
Washington stopped debating whether stablecoins get bank rails. It started chartering them.
The plumbing went federal.
Most portfolios haven't noticed.
CRCL4.90%
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