According to Reuters, stablecoin company Circle has applied to the Office of the Superintendent of the Currency (OCC) in the United States to establish a national trust bank, First National Digital Currency Bank, N.A., as part of its expansion of financial services after going public. If approved, the license will allow Circle to independently manage USDC reserves and provide digital asset custody services to institutional clients, but does not include the authority to accept deposits or issue loans. Circle stated that in the future, the focus of custody will be on assets such as tokenized stocks and bonds, rather than traditional cryptocurrencies. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44816