Stripe-owned Bridge, a fintech firm specializing in stablecoins, has recently received initial approval for a national bank trust charter from the Office of the Comptroller of the Currency (OCC). This milestone, while still pending final approval, marks a significant step towards Bridge’s ability to offer stablecoin and digital asset services to businesses under direct federal oversight.
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According to a report by CoinDesk, the conditional approval granted by the OCC positions Bridge to operate as a federally chartered national trust bank, subject to meeting all necessary regulatory requirements. This development underscores the growing importance of stablecoins in the financial landscape and highlights the increasing regulatory scrutiny surrounding digital assets.
In a press release cited by CoinTelegraph, Bridge expressed its commitment to complying with applicable laws and OCC regulations, signaling its dedication to operating within the parameters of the evolving regulatory framework governing digital currencies. This move by Bridge aligns with broader industry trends towards increased regulatory oversight and transparency in the digital asset space.
The approval of Bridge’s national bank trust charter also opens up new opportunities for the firm to expand its offerings and reach a wider customer base. As reported by PYMNTS.com, once fully approved, Bridge will be able to provide a range of stablecoin products and services, further solidifying its position in the digital asset market.
Experts in the fintech and regulatory sectors have noted the significance of Bridge’s approval, emphasizing the importance of regulatory clarity and oversight in fostering trust and confidence in the digital asset ecosystem. The move towards obtaining a national bank charter reflects a broader trend of maturation and institutionalization within the cryptocurrency industry.
The implications of Bridge’s approval extend beyond the company itself, impacting the broader financial landscape and signaling a shift towards increased regulatory acceptance of stablecoins and digital assets. As the regulatory environment continues to evolve, firms like Bridge are poised to play a pivotal role in shaping the future of digital finance.
In conclusion, Bridge’s successful progress towards securing a national bank trust charter represents a notable development in the fintech and digital asset space. With regulatory approval pending, Bridge is poised to enter a new phase of growth and innovation, setting the stage for further advancements in the realm of stablecoins and digital asset services.
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References:
1. CoinDesk. “Stripe’s stablecoin firm Bridge wins initial approval of national bank trust charter.” [Link](https://www.coindesk.com/business/2026/02/17/stripe-s-stablecoin-firm-bridge-wins-initial-approval-of-national-bank-trust-charter)
2. CoinTelegraph. “Stripe-owned Bridge gets OCC conditional approval for national bank charter.” [Link](https://cointelegraph.com/news/bridge-stripe-occ-approval-national-trust-bank?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
3. PYMNTS.com. “Stripe-Owned Bridge Clears OCC Hurdle for Federal Bank Charter.” [Link](https://www.pymnts.com/bank-regulation/2026/stripe-owned-bridge-clears-occ-hurdle-for-federal-bank-charter)
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