The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.
- Circle, issuer of the USDC stablecoin, has received final approval from the U.S. Office of the Comptroller of the Currency to establish a federally supervised national trust bank.
- Shares are higher by 14% in pre-market trading.
- The new entity, Circle National Trust, will initially provide fiduciary digital asset custody services for Circle and its affiliates, with potential expansion to select institutional clients such as banks and other regulated financial firms.
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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
IMF finds demand for tokenized stocks, says the market is still volatile, illiquid
Tokenized commodities look beyond gold as lending and oil open new markets
Visa survey says nearly half of APAC consumers open to using stablecoins by 2031
Original sourceCoinDesk
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