Bridge Receives OCC’s Conditional Approval for National Trust Bank

• Stripe-backed Bridge has received conditional approval from the U.S. OCC to form a national trust bank.
• The approval will enable Bridge to offer regulated stablecoin services under Federal oversight.
• The stablecoins market has grown to more than $308 billion, catalyzed by the GENIUS Act.

Bridge has received a conditional approval from the Office of the Comptroller of the Currency (OCC) to take stablecoins mainstream. The Stripe-backed stablecoin infrastructure platform and developer-focused API company will join other crypto firms licensed to operate stablecoin services by the National Trust Bank under Federal oversight. 

Bridge Gains OCC Approval to Democratize Stablecoins

According to the announcement, Bridge received a conditional green light from the OCC with a full approval in the pipeline to democratize stablecoin services. Once fully approved, Bridge will…

Read The Full Article Bridge Receives OCC’s Conditional Approval for National Trust Bank On Coin Edition.