
Major digital asset firms and issuers of stablecoins, Circle Internet Group Inc. (NYSE:CRCL) and Ripple (CRYPTO: XRP) are aiming to become integral players in the banking system to show how crypto can now be used in banking, as highlighted by Anthony Agoshkov, co-founder of Marvel Capital.
What Happened: These firms have formally applied to the Office of the Comptroller of the Currency (OCC) for national trust bank charters, signaling a profound shift in the financial landscape.