Bridge’s OCC Approval Opens Path to Federal Stablecoin Trust Bank

Bridge received OCC approval to establish a federal stablecoin trust bank, subject to a $45 million minimum capital requirement and preopening examinations. The charter creates a federally supervised path for Bridge's stablecoin operations but does not substitute for issuer approval under the GENIUS Act. The decision matters because it gives the stablecoin infrastructure provider a national banking foothold as federal stablecoin rules take shape. Watch next for Bridge to complete preopening checks and secure GENIUS Act issuer authorization, and for other stablecoin firms to pursue similar federal charters.