USDC
@USDC
Highly secure. Globally accessible. Hard to beat. USDC is the digital dollar. Built by Circle.
Joined August 2024
44 Following 74.6K Followers
USDC infrastructure is entering a new chapter.
Circle has received final OCC approval to establish Circle National Trust, a national trust bank that strengthens USDC infrastructure through federally regulated custody, with reserve management planned as a future capability.
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Circle has received final OCC approval to establish First National Digital Currency Bank, N.A., a national trust bank operating as Circle National Trust.
A major U.S. regulatory milestone that strengthens USDC infrastructure through federally regulated custody, with reserve management planned as a future capability.
“Federal oversight of our trust bank sets a new standard for transparency, governance, and scale for Circle’s infrastructure and unlocks a new phase of adoption, where leading financial institutions can build on public blockchains with clarity and confidence.” - @jerallaire
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