Stripe’s Bridge Applies for National Bank Trust Charter to Expand Stablecoin Business
Bridge, the stablecoin infrastructure firm acquired by payments giant Stripe, has taken a decisive step toward federal oversight. The company filed an application for a national bank trust charter with the U.S. Office of the Comptroller of the Currency, as confirmed by co-founder Zach Abrams. Approval WOULD place Bridge under direct regulatory scrutiny, signaling a maturation of its stablecoin ambitions.
The move reflects Stripe's strategic push into crypto-enabled payments. By anchoring Bridge's operations within the traditional banking framework, the fintech giant may gain a competitive edge in institutional stablecoin services. Regulatory clarity often precedes mainstream adoption—a pattern seen in Bitcoin ETFs and Ethereum's evolution.