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Circle (NYSE: CRCL), issuer of the world's second-largest stablecoin USDC, received final approval from the US Office of the Comptroller of the Currency on November 10 to establish a federally supervised National Trust Bank. Direct federal oversight lets Circle custody USDC reserves in-house and deepens institutional trust in the stablecoin, supporting CRCL shares and reinforcing the regulatory moat around compliant dollar stablecoins under the GENIUS Act framework. Watch whether the charter accelerates bank and asset-manager adoption of USDC settlement rails, which would lift on-chain dollar liquidity and benefit related names like Coinbase.
As a Policy signal, watch whether it changes price action, volatility, or flows around CRCL, USDC, COIN.
Original Source: 연합인포맥스
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