Circle won final OCC approval to establish a national trust bank, allowing it to place USDC reserves under federal oversight and expanding its regulated digital asset custody business.
Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the $300 billion stablecoin market.
Boltz today enabled trustless Bitcoin-to-USDC swaps using Circle’s CCTP, allowing instant movement between Bitcoin layers including Lightning and the regulated stablecoin accepted by Stripe, Coinbase, Visa, and global institutions — without accounts or custody.
The Grant Thornton write-up states that the “examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants.”