The tweet was deleted by the author.
But we saved everything 🙂.
Jeremy Allaire, co-founder, chief executive officer (CEO), and chairman at Circle, announced that Circle has received final approval from the OCC to operate as a national trust bank.
Allaire described this as a historic day for the company and suggested it marks a significant evolution in the architecture of the emerging internet financial system.
Allaire previously highlighted BNY Mellon's new role as a primary USDC liquidity and custody hub. He also noted that Amazon is implementing USDC-based payments for content owners when AI bots use their data. These developments have provided additional momentum for Circle's expansion in digital dollar adoption.