Stripe’s Bridge Secures OCC Approval for National Trust Bank Charter Amid Crypto Push

Stripe-owned stablecoin platform Bridge has obtained conditional approval from the Office of the Comptroller of the Currency to operate as a federally chartered national trust bank. The MOVE positions Bridge to become a key player in the stablecoin ecosystem, enabling custody services, stablecoin issuance, and reserve monitoring under federal oversight.

A national trust bank charter WOULD provide institutional confidence in Bridge's operations, particularly for financial institutions and fintech firms seeking compliant digital dollar solutions. The OCC's endorsement signals growing regulatory acceptance of crypto-adjacent banking services despite ongoing industry pushback.

Bridge frames the approval as creating essential infrastructure for scaled stablecoin adoption, with potential to accelerate partnerships between traditional finance and digital asset firms. The development occurs as multiple crypto companies pursue federal charters to legitimize their banking operations.