OCC conditionally approves Stripe subsidiary Bridge for trust charter

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Stripe subsidiary Bridge has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency, the company said Tuesday in a blog post. A search of the OCC’s database shows Bridge’s application, filed in October, was conditionally approved Feb. 12. Under such a license, Bridge would be allowed to issue stablecoins, ...