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Circle Wins Final OCC Approval for National Trust Bank

2026-07-13 03:55:40

Abstract generation in progress

Circle received final OCC approval on July 10 to establish a national trust bank. The bank will provide custody services for digital assets. Circle said USDC reserve management is a planned future capability rather than a service available at launch. CRCL shares rose more than 10% in early trading on July 10 after the announcement.

CRCL4.90%

USDC0.02%

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