Bridge’s OCC Approval Opens Path to Federal Stablecoin Trust Bank

OCC Approval Advances Bridge’s Bid for a Federal Trust Bank Charter

The order requires at least $45 million in capital and preopening checks; a bank charter does not replace separate issuer approval under the GENIUS Act.

OCC keeps approving stablecoin trust banks under GENIUS Act

A reported OCC stablecoin trust bank charter with a $45M floor still needs GENIUS Act issuer approval, as BTC and ETH trade flat near support.

Bridge’s OCC Approval Opens Path to Federal Stablecoin Trust Bank

The order requires $45 million in minimum capital and preopening checks. A bank charter does not replace GENIUS Act issuer approval.... Read the full story at The Defiant