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🎯Circle Seeks US Trust Bank Charter for USDC Reserve Management.👉👈
Circle, the company behind the popular stablecoin USD Coin (USDC), has recently taken steps to secure a national bank charter in the United States. In a move reflecting the growing institutionalization of cryptocurrency, Circle's application is under review by the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). This development underscores the intersection of traditional banking frameworks and the innovative drive of the cryptocurrency industry.
🌟Ci
Circle, the company behind the popular stablecoin USD Coin (USDC), has recently taken steps to secure a national bank charter in the United States. In a move reflecting the growing institutionalization of cryptocurrency, Circle's application is under review by the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). This development underscores the intersection of traditional banking frameworks and the innovative drive of the cryptocurrency industry.
🌟Ci