By Isaac • July 31, 2026 10:56 am •
Circle now holds two major trust charters approved by two different banking regulators.
The latest one came Friday, when the New York Department of Financial Services granted Circle Internet Trust Company a limited purpose trust charter.
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It arrives three weeks after the Office of the Comptroller of the Currency approved Circle National Trust at the federal level.
The two authorizations sound similar. They are not interchangeable, and the distinction shows how Circle is building regulated infrastructure around USDC from both directions.
Circle announced the New York approval through its official account Friday morning.
Circle has received a limited purpose trust charter from the New York Department of Financial Services for Circle New York Trust.
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