The Defiant reports that Bridge has received approval from the Office of the Comptroller of the Currency (OCC) to establish a federal stablecoin trust bank. This order mandates a minimum capital of $45 million and requires preopening checks. However, obtaining a bank charter does not substitute for approval under the GENIUS Act for issuers.
Based on the The Defiant report; not independently verified.
Source published: Sun, 08 Nov 2026 16:33:28 GMT
[Read the original report](https://thedefiant.io/converge/regulation/bridge-s-occ-approval-opens-path-to-federal-stablecoin-trust-bank)
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