Circle Stock Surges Over 15% on July 10 After U.S. Regulators Approve National Trust Bank Establishment

CRCL4.90%
USDC-0.01%
According to Guru Club, on July 10, cryptocurrency stock Circle (CRCL.US) surged over 15% to $72.855 after the U.S. Office of the Comptroller of the Currency (OCC) formally approved the company to establish Circle National Trust. The approval places the trust bank under direct federal regulatory oversight, expected to strengthen infrastructure supporting USDC through federally regulated digital asset custody arrangements.
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