Circle Stock Rises After OCC Grants Federal Trust Bank Charter for USDC

Circle Internet Group ($CRCL) shares climbed after the company secured a federal trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), a regulatory milestone investors interpreted as strengthening the compliance backbone behind USD Coin (USDC). The stock rose about 5% in regular trading, returning to the mid-$60 range as markets priced in a clearer pathway for Circle to operate key stablecoin infrastructure under a single federal supervisory framework.

The OCC approval authorizes Circle to establish First National Digital Currency Bank, N.A., branded as ‘Circle…  Read more

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