SS #76 - Stripe Bridge Secures Federal National Bank Charter

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Stripe’s stablecoin platform, Bridge, has secured conditional approval from the OCC to establish a national trust bank, positioning the fintech leader at the center of the regulated digital dollar ecosystem. This federal charter allows Bridge to issue stablecoins, manage reserves, and provide digital asset custody under direct national supervision rather than a patchwork of state-level licenses. By aligning with a standardized federal framework, Stripe is effectively building the institutional-grade infrastructure necessary to scale stablecoin payments for global enterprise adoption.

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In Today's Edition:

• Headline: Stripe Bridge Secures Federal National Bank Charter

• Quick Bites: TON Foundation partners with OSL's Banxa

• Yield of the Week: 14.87% APY on GAIB

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HEADLINE

State of play: Stripe’s stablecoin platform, Bridge, has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, placing the fintech giant at the center of the regulated digital dollar ecosystem.

• The charter allows Bridge to issue stablecoins, manage reserves, and provide digital asset custody under direct federal supervision.

• This move aligns with the recently passed GENIUS Act, making Bridge one of the first major players to seek a federal framework for large-scale operations.

• Bridge joins other heavyweights like Circle, Ripple, and Paxos in receiving conditional nods, signaling a mass migration of stablecoin infrastructure into the formal banking sector.

What’s Next: Expect Bridge to undergo a rigorous "pre-opening" phase where the OCC audits its operational readiness and compliance systems before granting the final charter. Once live, Stripe will likely integrate these "federally backed" stablecoin rails directly into its global checkout suite, potentially allowing millions of merchants to settle transactions in digital dollars without relying on third-party banking intermediaries.

Why it Matters: This is a "death of the Wild West" moment for stablecoins. By moving from a patchwork of state-level money transmitter licenses to a National Trust Bank Charter, Stripe is legitimizing stablecoins as a core layer of the U.S. financial system. For the crypto community, this provides the institutional-grade "plumbing" needed for mass adoption; for the broader landscape, it forces traditional banks to compete with a faster, cheaper, and now federally regulated payment rail.

Our Take: Stripe’s $1.1B acquisition of Bridge is officially proving its strategic value as the company effectively transforms itself into a crypto-native bank. By securing this charter, Stripe is positioning itself to offer businesses the ability to move value across borders with the speed of a blockchain while maintaining the legal protections and trust of a national bank.

QUICK BITES

• World Liberty Forum opens with 18% WLFI rally.

• The bank of the future says 77% of stablecoin users say they’d open a wallet with their bank today.

• TON Foundation partners with OSL's Banxa to expand stablecoin payment infrastructure for Asia-Pacific merchants.

YIELD OF THE WEEK

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Gauntlet USDC: 8.63% APY

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infiniFi Senior Tranche: 6.60% APY

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Disclaimer: All the information presented in this publication and its affiliates is strictly for educational purposes only. It should not be construed or taken as financial, legal, investment, or any other form of advice.