Circle’s Bid for U.S. Trust Bank Charter – A Game-Changer or Backdoor CBDC
Circle, the issuer of the popular USDC stablecoin, has made a significant strategic move by applying for a national trust bank charter from the Office of the Comptroller of the Currency (OCC). This application, filed on June 30, 2025, aims to
80% of Top Stablecoins Controlled by Less Than 6 Accounts
CoinMetrics reported that very few accounts in each of the stablecoin networks hold the majority of the total capitalization of these top five stablecoins. The published report revealed that there was severe centralization among several top stablecoins with only six accounts