Adding to the frenzy is an investment from BlackRock, which is reportedly set to purchase 10% of the offering, per Bloomberg. Further, Cathie Wood’s Ark Invest has signaled plans to purchase up to ...

(Reuters) -Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster ...

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

Coin Metrics noted that Circle Internet Group, the issuer of USD Coin (USDC), has seen its market capitalization surge to $63 ...

Circle’s IPO benefits from rising USDC trust, strong partners, and surging revenue, despite margin pressures and long-term ...

Circle seeks a trust bank license to directly manage USDC reserves and offer custody for tokenized stocks and bonds onchain.

Circle Internet Group has filed an application with the Office of the Comptroller of the Currency (OCC) to form a 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.

Circle is taking a major step to expand its role in the financial system by applying for a national trust bank charter. If ...