Paxos, Ripple, Circle and others secure US trust bank approvals
The conditional approvals clear a path for major crypto companies to operate as national trust banks under the supervision of the US OCC.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The conditional approvals clear a path for major crypto companies to operate as national trust banks under the supervision of the US OCC.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Ripple Brings RLUSD to Cross River Bank as Garlinghouse Backs Evernorth’s XRP Strategy
Announced on October 15, the Cross River partnership integrates Ripple USD (RLUSD) into the bank’s proprietary Core Operating Syst...
Ripple RLUSD Hits $2.5B, Enters Cross River Banking Stack for 24/7 Payme
Key Takeaways: RLUSD integration is being made by Cross River into the core banking infrastructure of the XRP Ledger. Fintechs wil...
Major Bulgarian bank Postbank to add crypto and stock investments to app in early 2027
Postbank's app expansion could democratize investing in Bulgaria, fostering financial inclusion and potentially reshaping the loca...
Deutsche Bank Nears Bitcoin Custody Launch As Crypto Push Expands Beyond Europe
TL;DR: Deutsche Bank is preparing to introduce institutional digital asset custody services, initially targeting professional clie...
Circle Targets 40 New Markets As USDC Push Moves Beyond Crypto Trading
TL;DR: Circle plans to expand USDC infrastructure into approximately 40 developing and emerging markets. The company is targeting...
Circle Says 59 Cents of Each Revenue Dollar Went to USDC Partners and Transaction Costs
Circle said it paid about $819 million of its roughly $1.4 billion in first-half 2026 revenue to USDC distribution partners and tr...