US EditionPayoneer Files Application for U.S. National Trust Bank Charter to Strengthen Regulated Financial Infrastructure for Global Businesses
Payoneer aims to support nearly two million customers with a federally supervised trust bank for stablecoin payments and reserves under the new GENIUS Act framework.
- Yesterday, Feb. 24, 2026, Payoneer filed an application with the Office of the Comptroller of the Currency to establish PAYO Digital Bank, N.A., supporting stablecoin infrastructure for global businesses.
- The passage of the GENIUS Act created a federal stablecoin framework that Payoneer intends to leverage amid accelerated stablecoin adoption over the past year.
- The filing says PAYO Digital Bank would let customers send and receive approved stablecoins, issue PAYO-USD, manage its reserves, enable on-ramp and off-ramp fiat conversions, and was prepared with Davis Polk & Wardwell LLP.
- Payoneer says the move would support small- and medium-sized businesses worldwide and affect nearly two million customers, potentially advancing USD use in global trade.
- Payoneer cautioned that its announcement contains forward-looking statements subject to risks from legal and regulatory changes and geopolitical events including Israel's conflicts in the Middle East.
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Payoneer Files Application for U.S. National Trust Bank Charter to Strengthen Regulated Financial Infrastructure for Global Businesses
/PRNewswire/ -- Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that it has filed an...
Payoneer Joins Fintech Race for US Bank Charters
Payoneer, a global payments platform known for its cross-border capabilities, has taken a formal step toward regulated crypto services by filing with the Office of the Comptroller of the Currency (OCC) to form PAYO Digital Bank, a US national trust bank charter. The move would unlock a regulated pathway for the company to issue a GENIUS Act-compliant stablecoin and expand custody, settlement, and other crypto services for its nearly two million …
Payoneer Trust Bank Charter: A Bold Leap Into Regulated Stablecoin Dominance
BitcoinWorld Payoneer Trust Bank Charter: A Bold Leap into Regulated Stablecoin Dominance In a landmark move for the convergence of traditional finance and digital assets, global payments giant Payoneer has formally applied for a national trust bank charter with the U.S. Office of the Comptroller of the Currency. This strategic application, filed in New York on March 15, 2025, positions the company to directly issue and manage its proposed PAYO-…
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