Stablecoin issuer Circle applies for a national bank charter
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group's IPO, in New York City, U.S., June 5, 2025. Stablecoin issuer Circle Internet Group has applied for a national trust bank charter, moving forward on its mission to bring stablecoins into the traditional financial world after the firm's big market debut this month, CNBC confirmed. Shares rose 1% after hours. If the Office of the Comptroller of the Currency grants the bank charter, Circle will