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Circle Aims for US National Trust Bank Status Following Blockbuster IPO
Circle Aims for US National Trust Bank Status Following Blockbuster IPO
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Circle just leveled up its regulatory game—filing for a US national trust bank charter after cashing in on its explosive public debut.
The stablecoin powerhouse is betting big on mainstream finance acceptance. Because nothing says 'legitimacy' like begging Washington for a banking license.
This comes as Circle's USDC continues dominating the $130B stablecoin market. Because when traditional finance finally adopts crypto, they'll want it wrapped in bureaucratic red tape.
Wall Street analysts are already salivating at the prospect of FDIC-insured crypto rails. Just don't mention that 2008 thing.
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