Industry Trend - Paxos joins Circle and Ripple in seeking a national trust charter, indicating a trend among stablecoin issuers [1]

Regulatory Landscape - Paxos has applied to the OCC to convert its New York State trust charter into a national trust charter [1] - Approval would bring Paxos under federal oversight in the U S [1] - Paxos holds existing regulatory licenses in Europe (FIN-FSA), Singapore (MAS), and Abu Dhabi (FSRA) [1]