Circle, issuer of #stablecoins has requested the creation of a national trust bank in the U.S., which represents an important step following its successful IPO, which valued it at nearly $18 billion earlier this month.
If approved, Circle would become the second company of #criptomonedas to receive federal authorization, after Anchorage Digital Bank, which will allow it to act as custodian of its own reserves and hold #criptoactivos on behalf of institutional clients. Unlike traditional banks, the authorization would not allow Circle to accept cash deposits or make loans.
