🇺🇸 Breaking: Circle applies for a National Credit Bank license in the United States!
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🏛️ Circle, the issuer of $USDC, has formally applied for a "National Credit Bank" license from regulatory authorities in the United States.
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💼 This step aims to enhance Circle's position within the traditional financial system, allowing it to offer advanced banking services directly without the need for an intermediary.
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🔐 If approved, Circle will become one of the first cryptocurrency companies to own a fully licensed bank in America, which could pave the way for other institutions to follow suit.
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❓ Do you think this shift will accelerate the integration of stablecoins into the global financial system?
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