Circle Wins Final OCC Approval for National Trust Bank
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On July 10 Circle announced the OCC granted final approval to establish First National Digital Currency Bank, N.A., doing business as Circle National Trust, following a conditional approval in December 2025. The federal trust bank expands Circle's regulated infrastructure for USDC and digital assets, reinforcing compliance, governance and potential adoption across crypto, DeFi and CEX integrations.
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- OCC approved Circle to launch its First National Digital Currency Bank.
- The company’s national trust bank will be doing business as Circle National Trust.
- The OCC approval expands Circle’s regulated infrastructure for USDC and digital assets.
Circle announced on July 10 that it got final approval from the US Office of the Comptroller of the Currency (OCC) to launch First National Digital Currency Bank, N.A., doing business as Circle National Trust.
The approval follows Circle’s conditional OCC approval back in December 2025. Now that it has met all the regulatory pre‑launch requirements, the company is officially cleared to launch its new institution under federal oversight.
Jeremy Allaire, co-founder, chairman, and CEO of Circle, said: “Federal oversight of our trust bank sets a new standard for transparency, governance, and scale for Circle’s infra…
Read The Full Article Circle Wins Final OCC Approval for National Trust Bank On Coin Edition.
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