“Tokenize Trillions”: Stripe’s Bridge Seeks Federal Charter to Unlock Stablecoin Future
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With the goal of “tokenizing trillions of dollars,” Stripe’s subsidiary Bridge has taken a major step by applying for a federal banking charter.
The application to the OCC, announced by co-founder Zach Abrams, is framed as building the essential “regulatory infrastructure” for a future where stablecoins are a core financial building block.
This charter would empower Bridge to provide regulated issuance and custody services under the new GENIUS Act, accelerating Stripe’s ambitious plans since its blockbuster $1.1 billion acquisition of the company.
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