Paxos Applies for National Bank Trust Charter, Joining Stablecoin Issuers Circle, Ripple

Stablecoin issuer firm Paxos has applied for a national bank trust charter with the Office of the Comptroller of the Currency (OCC), making it the latest U.S. stablecoin company to seek federal regulatory oversight.

Source: coindesk.com

Related symbols: STABLEUSD