Stripe-Owned Stablecoin Company Bridge Applies to US OCC for National Bank Charter

BlockBeats News, October 15th, According to The Block, fintech giant Stripe’s stablecoin infrastructure company Bridge is currently applying for a national bank charter with the Office of the Comptroller of the Currency (OCC). Co-founder Zach Abrams stated that if the application is approved, Bridge will be able to provide regulated stablecoin issuance, management, and custody services under a unified federal regulatory framework based on the GENIUS Act signed into law this summer.