Stripe’s Bridge Gets Conditional OCC Approval to Form National Trust Bank

Overview

• OCC records show the signoff occurred on Feb. 12, 2026, following Bridge’s October 2025 application.
• If finalized, the charter would allow issuance of stablecoins, custody of digital assets, and reserve management under federal oversight.
• A national trust bank charter does not allow insured deposit-taking or traditional lending.
• Bridge’s nod follows recent conditional approvals for Circle, Ripple, Paxos, BitGo, and Fidelity Digital Assets.
• The American Bankers Association has urged the OCC to provide clearer standards and greater transparency before advancing more approvals.