# Stripe-Backed Bridge Secures U.S. National Trust Banking License *Author: Jack Inabinet* *Published: Feb 17, 2026* *Source: https://www.bankless.com/read/news/stripe-backed-bridge-secures-u-s-national-trust-banking-license* --- Bridge – a stablecoin issuance platform [acquired](https://www.bankless.com/podcast/stripes-trillion-dollar-bet-how-stablecoins-eat-global-payments) last year by fintech payments processor Stripe – has received conditional approval from the Office of the Comptroller of the Currency (OCC) to become a federally chartered national trust bank. ### What's the Scoop? - **New Bank:** According to a recent Bridge [blog post](https://www.bridge.xyz/blog/bridge-receives-occ-conditional-approval-to-organize-a-federally-chartered-national-trust-bank), the Stripe-backed stablecoin issuer has, "received conditional approval from the Office of the Comptroller of the Currency (OCC) to organize a federally chartered national trust bank." Charter holders can offer nationwide asset custody without needing to secure individual licenses at the state level. - **Growing Trend:** Anchorage Digital – a national trust bank charterholder since 2021 – had been the only federally licensed crypto bank until December, when the OCC [granted](https://www.bankless.com/read/news/u-s-national-banking-regulator-grants-trust-charters-to-five-crypto-banks) five new charters. Laser Digital, the digital assets subsidiary of Japanese financial conglomerate Nomura, also [applied](https://www.bankless.com/read/news/crypto-focused-japanese-banking-subsidiary-applies-for-u-s-banking-license-ft) for a national trust banking license in January. [Bridge receives OCC conditional approval | BridgeOnce fully approved, the charter will enable Bridge to operate stablecoin products and services under direct federal oversight.![](https://bankless.ghost.io/content/images/icon/68b1ef533a5b4ff66371a92c_Square.png)Bridge![](https://bankless.ghost.io/content/images/thumbnail/6994a5e299f12dc0f0dd26fa_Bridge-receives-conditional-approval-for-federally-chartered-national-trust-bank-og.jpg)](https://www.bridge.xyz/blog/bridge-receives-occ-conditional-approval-to-organize-a-federally-chartered-national-trust-bank) --- *This article is brought to you by [The DeFi Report](https://www.bankless.com/sponsor/the-defi-report-1767388444?ref=read/news/stripe-backed-bridge-secures-u-s-national-trust-banking-license)*