Stripe's stablecoin infrastructure firm, Bridge, has received conditional approval from the Office of the Comptroller of the Currency (OCC) to organize a federally chartered national trust bank. The move positions Bridge to offer a suite of regulated stablecoin products and services, including issuance, custody, orchestration, and reserves management, all under direct U.S. federal oversight.

This development is significant as it signals a clear trend of major digital asset firms seeking to operate within established regulatory frameworks. By obtaining a national trust bank charter, Bridge aims to provide greater assurance and stability for its customers, grounding its stablecoin operations in the same regulatory environment as traditional financial institutions.

Bridge is not alone in this pursuit. Other prominent companies in the space, including Circle, Ripple, and Paxos, have also recently secured similar conditional approvals from the OCC. This collective push for federal charters underscores a strategic shift in the digital asset industry, moving from the periphery of the financial system towards deeper integration and regulatory legitimacy.