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Circle wins final regulatory approval to establish US trust bank, shares rise

Circle has received final regulatory approval from the OCC to launch a national trust bank, enabling them to manage their own reserves and hold cryptocurrencies. This pivotal milestone integrates blockchain technology into the US financial system. In addition, Circle issues USDC, a stablecoin valued around $73.2 billion, reflecting the ongoing shift of digital asset firms into traditional finance.

Source :- Markets-Economic Times Read More

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