Business

Circle Receives OCC Bank Charter

Updated 2026-07-10 12:25 UTC 1 source Positive

Stablecoin issuer Circle has received approval from the U.S. Office of the Comptroller of the Currency to operate as a trust bank, leading to a significant surge in its stock price. This development intensifies competition in the stablecoin market.

Coverage timeline — 1 article

CNBC

Circle gets an OCC bank charter as stablecoin competition heats up, shares surge 14%

Stablecoin issuer Circle surged in premarket trading after the U.S. Office of the Comptroller of the Currency granted it approval to operate as a trust bank.

2026-07-10 11:57 UTC