Stripe’s Bridge gains conditional OCC approval to form federally chartered stablecoin trust bank

Stablecoin platform Bridge, acquired by Stripe last year, has obtained conditional approval from the Office of the Comptroller of the Currency to pursue a national trust bank charter. The move would allow Bridge to hold digital assets, issue its own stablecoins and operate under federal oversight, while aligning its compliance framework with the GENIUS Act’s rules for U.S. stablecoin issuers.