Circle Hits Regulatory Milestone With NYDFS Trust Charter

Circle has obtained a limited purpose trust charter from the NYDFS, expanding its regulatory footprint as a stablecoin issuer. This milestone follows federal approval to establish a National Trust Bank, positioning Circle as one of the most regulated entities in the cryptocurrency ecosystem. Having been the first company to receive a New York BitLicense in 2015, the USDC issuer continues to strengthen its compliance framework through these strategic regulatory achievements and the acquisition of additional licenses.