Stripe-Owned Bridge Secures OCC Approval for National Trust Bank Charter
Bridge, a stablecoin platform acquired by Stripe, has received conditional approval from the U.S. Office of the Comptroller of the Currency to operate as a national trust bank. The green light allows Bridge to issue stablecoins, manage reserves, and provide custodial services under federal oversight—a strategic MOVE aligning with Stripe's broader push to integrate blockchain payments into its global infrastructure.
The charter positions Bridge as a key player in the stablecoin ecosystem, offering regulatory clarity for enterprises and fintechs. The platform already supports stablecoins like Phantom’s CASH and MetaMask’s mUSD through Stripe’s Open Issuance system. Compliance with the GENIUS Act further cements its role in delivering scalable solutions for digital dollar adoption.
