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Circle gets OCC approval for national trust bank to boost USDC stablecoin infrastructure

Market News
10 Jul 2026
Bitcoin
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Bullish
pluang ai news

Circle has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, a federally regulated national trust bank. This approval strengthens the infrastructure behind USDC, the world's largest regulated stablecoin, by potentially bringing its reserve management under direct federal oversight. The new trust bank will initially offer fiduciary digital asset custody services and may expand to institutional custody services for banks and financial institutions. This move marks a significant regulatory milestone for Circle, integrating blockchain and digital assets more deeply into the U.S. financial system and enhancing transparency and governance.

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Defiance launches Europe's first Photonics UCITS ETF, targeting photonics tech firms amid AI-driven data demand.

Defiance launches Europe's first Photonics UCITS ETF, targeting photonics tech firms amid AI-driven data demand.

Defiance ETFs has introduced the Defiance Photonics UCITS ETF (PHOT), the first European ETF focused on photonics technology companies involved in developing, manufacturing, and commercializing optical hardware that uses light for data processing. Th...

Others
Bullish
1 hour ago
Defiance launches Europe's first Photonics UCITS ETF to invest in light-based tech firms.

Defiance launches Europe's first Photonics UCITS ETF to invest in light-based tech firms.

Defiance ETFs has introduced the Defiance Photonics UCITS ETF (PHOT), the first European ETF focused on photonics technology, which uses light to generate, transmit, and process data. This ETF allows investors to target companies involved in photonic...

Others
Bullish
1 hour ago
USDT supply on TRON tops $90B, with $4.2T transfer volume YTD, leading stablecoin network globally.

USDT supply on TRON tops $90B, with $4.2T transfer volume YTD, leading stablecoin network globally.

The circulating supply of USDT on the TRON blockchain has surpassed $90 billion, solidifying TRON's position as a top network for stablecoin activity. TRON leads all networks with $4.2 trillion in USDT transfer volume year-to-date and processes over ...

Market News
Bullish
1 hour ago
Sky Quarry names refinery veteran Ray Hansen president as Nevada's Eagle Springs refinery starts production.

Sky Quarry names refinery veteran Ray Hansen president as Nevada's Eagle Springs refinery starts production.

Sky Quarry Inc. appointed Ray Hansen, a 35-year refining industry veteran, as President of Foreland Refining just as its Eagle Springs refinery in Nevada begins production. Hansen's extensive experience at major refiners like HF Sinclair and Chevron ...

Market News
Bullish
1 hour ago
Western Star's soil survey at Nevada tungsten mine hits 1,425 ppm WO₃, prompting expanded exploration.

Western Star's soil survey at Nevada tungsten mine hits 1,425 ppm WO₃, prompting expanded exploration.

Western Star Resources conducted the first public soil survey at its past-producing Rowland Tungsten Property in Nevada, revealing a peak tungsten trioxide (WO₃) concentration of 1,425 ppm. This high anomaly aligns with geological and magnetic data, ...

Market News
Bullish
1 hour ago
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