Stripe-Backed Stablecoin Platform Secures Path to National Trust Bank
The post Stripe-Backed Stablecoin Platform Secures Path to National Trust Bank appeared on BitcoinEthereumNews.com.
Fintech Stablecoins are moving deeper into the U.S. banking system. Bridge, the digital dollar platform owned by Stripe, has received conditional approval from the Office of the Comptroller of the Currency to form a national trust bank – a step that could reshape how regulated stablecoins operate at scale. Key Takeaways Stripe’s Bridge received conditional OCC approval to form a national trust bank. The charter allows stablecoin issuance, custody, and reserve management – but no deposit-taking or lending. The move aligns with the GENIUS Act’s federal stablecoin framework. Several major crypto firms are pursuing similar national trust structures. Final approval from the OCC is still pending. The preliminary green light, granted on February 12, 2026, would allow the firm to operate under the proposed name Bridge National Trust Bank – pending final regulatory clearance. What the Charter Allows As a national trust bank, Bridge would gain the authority to custody digital assets, issue and manage stablecoins, and oversee the reserves backing those tokens. The charter provides a federal framework for stablecoin operations, aligning the company with the recently enacted GENIUS Act, which formalized national standards for U.S. stablecoin issuers. However, the trust structure comes with limits. Bridge would not be permitted to accept insured deposits or engage in traditional lending activities. Instead, its focus would remain on digital asset infrastructure and reserve management. Strategic Push Into Digital Dollars For Stripe, the approval marks a major step in embedding so-called “digital dollars” directly into global payments systems. Rather than navigating a fragmented network of state-level money-transmitter licenses, the company is aiming to operate within a unified federal regulatory regime. The move signals Stripe’s broader ambition to make stablecoins a core layer of cross-border commerce, enabling businesses to build payment products tied to regulated dollar-backed tokens. Part of a Broader Industry Shift…
Filed under: News - @ February 18, 2026 7:26 am