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Stablecoin issuer. Hype stock. Crypto giant. Circle Internet Group now has another title in its sights: bank.

Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued ...

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If the national bank regulator grants Circle approval, it plans to spin up a national trust bank called First National ...

Licence would enable Circle to act as custodian for own reserves and hold crypto assets on behalf of institutional clients.

Circle is seeking approval from the OCC to establish a national trust bank to oversee its USDC stablecoin reserves.

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Circle Internet Group, which debuted on the New York Stock Exchange earlier this month, has applied for a bank charter.