Stripe's Bridge receives preliminary approval from the U.S. National Trust Bank
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Bridge, a stablecoin infrastructure company under Stripe, announced that it has received preliminary approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank. This license will enable Bridge to issue and manage stablecoins under federal regulation. Previously, in December, the OCC granted similar preliminary approvals to stablecoin issuers such as Circle, BitGo, and Ripple.
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