🚨 JUST IN: Circle Applies for U.S. National Trust Bank License 🇺🇸
USDC issuer Circle has officially filed to become a national trust bank — a major move to self-custody its USDC reserves and expand digital asset services to institutions.
🔹 The new entity would be named: First National Digital Currency Bank, N.A.
🔹 Will custody USDC reserves in-house, alongside tokenized assets.
🔹 Follows Circle’s push for full regulatory compliance + federal stablecoin legislation.
🔹 Aims to become a key bridge between traditional finance and crypto.
💥 Why it matters: Circle is setting the gold standard for stablecoin transparency and regulation — taking on the Fed-level game with full firepower. Bullish for #USDC and institutional crypto adoption! 📈
