Stripe’s Bridge Receives Conditional Approval to Organize National Trust Bank

Bridge, acquired by Stripe in 2025, received conditional approval from the US Office of the Comptroller of the Currency to become a federally chartered national trust bank. If finalized, the charter will allow Bridge to custody digital assets, issue stablecoins and manage stablecoin reserves under federal supervision. Approval followed an October application and arrives amid similar OCC charters for other crypto firms and ongoing US policy debates over stablecoin rules and yields.
AI Analysis
The OCC granted Bridge conditional approval to operate as a national trust bank (fact). The charter would permit custody of digital assets, issuing stablecoins and managing reserves under federal oversight (fact), which is concrete, potentially market-moving regulatory permission. The approval is conditional and comes amid other OCC approvals and calls to slow them plus ongoing US legislative debate, which reduces certainty (fact).