Bridge moves closer to national trust status after OCC approval, advancing regulated stablecoin custody and reserve services.
Bridge has secured conditional approval to organize a federally chartered national trust bank. Approval marks a notable step for stablecoin infrastructure in the United States. Once finalized, the charter will place Bridge under direct federal oversight.
Bridge Set to Scale Stablecoin Services Under OCC Supervision
The Office of the Comptroller of the Currency (OCC) has authorised Bridge to proceed with plans to offer digital asset custody. In addition, the firm can also handle stablecoin issuance, orchestration, and reserve management. Full authorization remains subject to final OCC approval and applicable legal requirements.
National Trust Bank status would permit Bridge to operate across all U.S. states under a single federal charter.
Bridge has received OCC conditional approval to organize a federally chartered national trust bank. This will enable us to operate stablecoin products and services under direct federal oversight, including:
– Custody
– Orchestration
– Issuance
– Reserves management
Stablecoins…
— Bridge (@Stablecoin) February 17, 2026
Stablecoins have now been fully integrated into global settlement, treasury operations, cross-border transfers, and tokenized asset markets. As such, corporate users increasingly seek regulated partners to safely issue stablecoins and manage their reserves.
Bridge aims to serve enterprises, fintech firms, crypto companies, and financial institutions seeking structured access to digital dollar infrastructure. The company said national trust status would provide customers with a regulatory foundation to build stablecoin products with confidence and at scale.
Approval Signals Broader Federal Engagement With Crypto Firms
Meanwhile, OCC oversight would require Bridge to comply with strict banking regulations. That includes strong compliance systems, clear governance, capital requirements, and risk controls similar to traditional banks. Federal supervision would also set clear rules for managing stablecoin reserves and for operating procedures.
The National Trust charter would also align Bridge with new U.S. stablecoin laws, including requirements tied to the GENIUS Act. The act created a federal framework for how stablecoins must be issued and backed by reserves.
Regulators are still finalizing detailed rules, but Bridge says its structure is already designed to meet those standards. Anchorage Digital Bank remains the only crypto-native firm to hold a national trust charter, which it received in 2021.
Bridge’s conditional approval signals continued regulatory engagement with digital asset firms seeking formal banking status. Final approval would expand federally supervised stablecoin activity and add another regulated participant to the U.S. digital asset banking sector.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Aave Proposes 25,000 ETH for DeFi United Kelp DAO Relief
Aave service providers put forth a governance proposal on Friday that would contribute 25,000 ETH worth nearly $58 million from the protocol's DAO to DeFi United, a coordinated relief effort to restore backing for rsETH following last week's Kelp DAO exploit. The proposed contribution would
CryptoFrontier1h ago
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
Key Insights
XRP maintains weekly strength above major cryptocurrencies as price holds above key EMAs, reflecting sustained momentum despite minor daily declines in trading sessions.
XRPL validators advance lending upgrades through XLS-65 and XLS-66, introducing pooled liquidity vaults and f
CryptoNewsLand1h ago
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity.
Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
CryptoNewsLand1h ago
Charles Hoskinson Launches Midnight With $250M in Tokenized Deposits From Monument Bank
Gate News message, April 25 — Charles Hoskinson, founder of Cardano, has launched Midnight, a privacy-focused blockchain project, with approximately $250 million in tokenized deposits from Monument Bank. The partnership represents a significant institutional collaboration aimed at integrating blockc
GateNews5h ago
JPMorgan ETF Trend Report: API-ification, Active Management at 83%, Tokenization Split into Two Paths—Synthetic and Native
JPMorgan Chase’s report highlights three major trends: 1) AP’s API automated trading accounts for about 50% of top-tier market traffic; 2) in 2025, actively managed ETFs make up 83% of new issuance, and are expected to become mainstream in 2026–27; 3) tokenization splits into two paths: synthetic (mirroring prices through derivatives) and native (issued on the blockchain). The report emphasizes improving transparency and governance with tools such as Athena, and monitors subsequent follow-through and the timeline toward formal productization.
ChainNewsAbmedia5h ago
Drift Product Lead Minh Don Plans Relaunch of Forked Exchange in May or June
Gate News message, April 25 — Drift Protocol's product lead Minh Don announced plans to relaunch the forked exchange in May or June, according to a statement made on the official Discord server. The team will spend several weeks optimizing the codebase, removing and adding features that, while
GateNews6h ago
