2025-07-02
Chain Exploration”Circle, the “First Stablecoin Stock”, Applies for Federal Trust Bank Charter with $60 Billion in Assets under Self-Custody”
Circle isn’t aiming to be a traditional bank; it wants to be the “architect” of new digital dollar financial carriers: no lending, no deposits, just focusing on infrastructure for on-chain dollars, on-chain assets, and on-chain settlements. Unlike Tether, which focuses on trading scenarios, Circle is betting on how stablecoins will be integrated into national, institutional, and even clearing system “infrastructure maps” over the next decade.
