• Stripe’s stablecoin firm Bridge wins initial approval of national bank trust charter The U.S. • banking license would allow Bridge to issue and manage stablecoins under direct federal oversight. • What to know: Bridge, the stablecoin infrastructure firm owned by Stripe, said it has received conditional approval from the OCC to form a national trust bank. • The license would allow the company to issue and manage stablecoins under federal oversight. • The move follows the agency granting similar initial approvals to stablecoin issuers Circle, BitGo, and Ripple in December. • Bridge, a stablecoin infrastructure firm owned by Stripe, said Tuesday it hasreceivedconditional approval from the U.S.

Article Summaries:

  • Stripe’s stablecoin firm Bridge wins initial approval of national bank trust charter The U.S. banking license would allow Bridge to issue and manage stablecoins under direct federal oversight. What to know: - Bridge, the stablecoin infrastructure firm owned by Stripe, said it has received conditional approval from the OCC to form a national trust bank. - The license would allow the company to issue and manage stablecoins under federal oversight. - The move follows the agency granting similar initial approvals to stablecoin issuers Circle, BitGo, and Ripple in December. Bridge, a stablecoin inf

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