Stripe’s stablecoin infrastructure arm, Bridge, just took a significant step toward becoming a federally regulated crypto bank.
The company has received conditional approval from the U.S. Office of the Comptroller of the Currency to form a national trust bank, which would allow it to issue stablecoins, custody digital assets, and manage reserves under direct federal oversight.
The move is part of Stripe’s broader push into blockchain-based payments following its $1.1 billion acquisition of Bridge in 2024. If final approval comes through, Bridge would join a growing group of firms looking to operate stablecoin products inside a formal U.S. regulatory framework shaped by the GENIUS Act.
It’s another signal that
#stablecoins are steadily moving from the crypto-native world into the core of regulated financial infrastructure.
#Stripe #Bridge #CryptoNews