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Circle Receives Federal Charter as New Crypto Bank Model Emerges

Key takeaways

  • Circle National Trust has obtained a federal bank charter, marking a shift towards a new class of crypto banks focused on custody and stablecoin reserves.
#crypto#banking#Circle#stablecoins

Analysis

Circle National Trust has obtained a federal bank charter, marking a shift towards a new class of crypto banks focused on custody and stablecoin reserves.

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