A Bank For USDC? Circle Files Its Application With The OCC


22h32 ▪
5
min read ▪ by
Evans S.

The crypto world is often built at the edge of institutions. However, some companies choose to go against the current by aiming to fully integrate into them. This is the case of Circle, the issuer of USDC, which no longer content itself with being just a tech player. The American company has officially applied to become a national trust bank in the United States. A move both bold and indicative of a broader shift in the crypto ecosystem: integration into the federal banking system to better ensure lasting trust.

The illustration shows a determined worker wearing a helmet and an orange vest labeled “Circle”, placing a giant brick stamped “USDC”.The illustration shows a determined worker wearing a helmet and an orange vest labeled “Circle”, placing a giant brick stamped “USDC”.

In brief

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