Circle can now open a US trust bank but cannot take ordinary deposits or make loans
Circle can now open a US trust bank but cannot take ordinary deposits or make loans
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at CryptoSlate.
Chartered July 10 as First National Digital Currency Bank, N.A., the trust bank will offer fiduciary custody for Circle and affiliates, and possibly for a limited set of institutional bank clients.
Entities in this story
Want the full article?
Continue reading on CryptoSlate →