Stripe-Owned Bridge Wins OCC Conditional Approval for National Trust Bank

Bridge, the stablecoin platform owned by Stripe, said it received conditional approval from the US Office of the Comptroller of the Currency to operate as a federally chartered national trust bank. In a Tuesday notice, Bridge said the conditional approval allows the company to "operate stablecoin products and services under direct federal oversight" once fully approved.

The charter would let Bridge offer custody of digital assets, issue stablecoins and manage stablecoin reserves. "Our compliance framework already positions Bridge to be GENIUS ready," the company said, referring to the stablecoin bill signed into law in July 2025.

"Now achieving a national trust bank charter will provide our customers the regulatory backbone they need to build with stablecoins confidently and at scale." Bridge is one of several crypto-aligned companies seeking national trust bank charters following the passage of the GENIUS Act.

United States

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