Hassan Maishera
TL;DR
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Stripe’s Bridge has applied for a national bank trust charter with the U.S. OCC.
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The license would allow the firm to provide regulated stablecoin services.
Bridge Applies for National Bank Trust Charter
Bridge, the stablecoin infrastructure company acquired by payments giant Stripe, announced earlier today that it has applied for a national bank trust charter with the U.S. Office of the Comptroller of the Currency (OCC).
While announcing this on X, co-founder Zach Abrams stated that the charter would allow Bridge to operate under a unified federal framework consistent with the GENIUS Act.
Today, @Stablecoin submitted its application for organizing a national trust bank to the Office of the Comptroller of the Currency (OCC). The charter would allow Bridge to operate under a unified federal framework consistent with the GENIUS Act.
— Zach (@zcabrams) October 14, 2025
Through this bank, we'll provide:…
The license would allow Bridge to provide services including custody, stablecoin issuance, and management of stablecoin reserves, Abrams said.
"We’ve long believed stablecoins will be a core, regulated financial building block. This regulatory infrastructure will enable us to tokenize trillions of dollars and make this future possible."
Bridge has become the latest entity to seek a national bank trust charter with the OCC, following the footsteps of Circle (CRCL), Ripple, and Paxos. This move comes as the stablecoin market continues to grow faster than other sectors of the crypto economy.
With a market cap of $300 billion, the stablecoin market is expected to hit $3 trillion over the coming years. The rapid growth comes as stablecoins have become increasingly popular for cross-border payments. The growth has been aided by signing the GENIUS Act into law, improving regulatory clarity for the sector in the U.S.
Bridge was acquired by Stripe last year in a deal worth $1.1 billion. Since then, Bridge has become an integral part of the Stripe ecosystem. Earlier this month, Stripe launched its Open Issuance service that helps companies to launch their own stablecoin using Bridge's infrastructure. Crypto wallet Phantom's CASH, MetaMask's mUSD, and Hyperliquid's USDH stablecoins all rely on Bridge as issuance partner.
