Circle Gains U.S. Trust Bank Approval, Advancing Stablecoin Regulatory Integration

Circle, the issuer of USD Coin (USDC), has secured approval to operate as a federally regulated trust bank in the United States—an important milestone as Washington accelerates efforts to formalize oversight of stablecoin issuers and bring key parts of the sector deeper into the traditional financial system.

According to Watcher.Guru, the approval positions Circle to expand regulated custody and settlement services while strengthening its linkage to mainstream financial infrastructure. The move comes amid a broader push by U.S. lawmakers and regulators to clarify how stablecoins should be…  Read more

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