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Circle Shares Surge After US Trust Bank Approval Strengthens Stablecoin Push

New York, 10 July 2026 – Circle Internet Group shares surged after the stablecoin issuer received final regulatory approval to establish a US national trust bank, strengthening its position as competition intensifies across the digital dollar market.

The approval from the Office of the Comptroller of the Currency allows Circle to establish Circle National Trust, giving the company a federally supervised structure for digital asset custody and stablecoin reserve-related activities.

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Author

  • Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

    Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.

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