Circle, the issuer of USD Coin (USDC), has secured approval to operate as a federally regulated trust bank in the United States—an important milestone as Washington tightens the rulebook for stablecoins and the broader digital-asset market structure. According to Watcher.Guru, the authorization positions Circle to deepen its role inside traditional financial plumbing by expanding institutional-grade ‘custody services’ and interoperating more directly with regulated payment and settlement rails.
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