CryptoSlate July 18, 2026

Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion

Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion

Washington just gave one of the world's largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under federal supervision. Circle called it a major step for USDC, as the approval […]

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