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Circle gains New York trust charter, expanding regulated stablecoin services amid growing USDC use.

Market News
31 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Circle Internet Group received a limited-purpose trust charter from the New York Department of Financial Services, allowing it to operate as Circle New York Trust. This expands Circle's regulated framework to support its USDC stablecoin and digital dollar services, enhancing safety, transparency, and compliance. The move follows Circle's earlier approval from the US Office of the Comptroller of the Currency to establish a national digital currency bank. These regulatory approvals position Circle to grow its stablecoin offerings as demand rises in payments and digital finance.

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Analyst lowers Grand Canyon Education price target to $200 despite strong Q2 earnings beating estimates.

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