Breaking
October 3, 2025

Stripe Seeks National Trust Charter for Stablecoin Plans Lawrence Mike Woriji | usagoldmines.com

Global payment company Stripe is extending its involvement in the stablecoin market. The payment giant is reportedly set to apply for a national trust charter with the Office of the Comptroller of the Currency. 

The move will meet the requirements of new U.S. stablecoin legislation. Additionally, it would enable Stripe to continue issuing stablecoins for its clients once the law takes effect.

A Push Into Banking Territory

The decision reflects Stripe’s growing ambition in digital finance. The company is also seeking a trust license from the New York State Department of Financial Services, according to Zach Abrams, co-founder and CEO of Bridge, a stablecoin infrastructure firm Stripe bought earlier this year for $1.1 billion.

With these licenses in hand, Stripe would join a small group of financial technology firms operating under federal oversight. This step could put the company on a firmer regulatory foundation and open the door for faster expansion.

Stablecoin Services Take Off

Alongside the charter news, Stripe introduced a new service that allows clients to launch their own stablecoins in a matter of days. Crypto wallet providers Phantom and Metamask, as well as Native Markets for Hyperliquid, have already tapped the platform.

The offering could shake up a market long dominated by Circle and Tether. By giving businesses a way to issue branded stablecoins, Stripe adds more variety to a space where two tokens have held the majority of market share. Clients using Stripe’s system will also keep all the interest generated from their stablecoins, minus a 0.5 percent fee.

“We want to make stablecoin issuance as big as possible,” said Neetika Bansal, Stripe’s business lead for connect, money management and crypto. She added that Stripe does not have immediate plans to launch a stablecoin of its own.

For now, Stripe’s approach is focused on building infrastructure. If regulators approve the licenses, the company could quickly become a key player in the stablecoin economy.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.

The post Stripe Seeks National Trust Charter for Stablecoin Plans appeared first on Altcoin Buzz.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.