Stripe’s Bridge Joins Crypto Firms Securing Nod for Bank Charter

Stripe Inc.’s stablecoin arm Bridge received conditional approval from a US regulator to become a national trust bank, the latest in a string of firms getting the green light to offer banking services tied to digital assets.

The Office of the Comptroller of the Currency gave Bridge the nod on Feb. 12, according to its corporate applications database.

“Once fully approved, the charter will enable Bridge to operate stablecoin products and services under direct federal oversight, a critical step in enabling businesses everywhere to build safely on top of these exciting new rails,” the company said in a ...