The path for Meitu OCC to restart its application for a national bank charter for digital asset companies is rooted in a fundamental shift in the U.S. regulatory stance: moving from the past approach of “crackdowns and reviews” on crypto innovation to incorporating it into a federally regulated framework. The direct catalyst is the implementation of the July 2025 GENIUS Act, which has made “a federal-level identity” urgently needed for stablecoin issuance and institutional custody. At the same time, the OCC also wants to reverse the recent sharp decline in the number of new bank applications by using the digital asset sector to reactivate the banking system.
For digital asset companies, a national trust bank charter means direct connectivity to the Fed’s clearing network, escaping fragmented compliance caused by 50 states each doing things their own way, and providing customers with custody of a full range of assets from crypto to traditional stocks. However, this charter “does not take deposits or make loans,” and still requires meeting capital, liquidity, and BSA/AML-related requirements.
Short term 📈: The policy signal is strong, and BTC, ETH, XRP, and others benefit noticeably—after Ripple obtained the charter, its cross-border payment compliance improved significantly, and Circle’s USDC credit endorsement was strengthened.
Long term 📉: The charter threshold and ongoing supervision will accelerate industry consolidation; small and mid-sized institutions without solid fundamentals or the ability to bear compliance costs will be pushed out, and market liquidity will concentrate in leading assets such as BTC, ETH, and XRP. It will still take time before banks truly carry out crypto matching and custody at large scale—be careful of a potential “high opening and then falling” after good news is priced in.#美OCC称数字资产公司可申请国家银行牌照
$XRP
$BTC
$ETH
For digital asset companies, a national trust bank charter means direct connectivity to the Fed’s clearing network, escaping fragmented compliance caused by 50 states each doing things their own way, and providing customers with custody of a full range of assets from crypto to traditional stocks. However, this charter “does not take deposits or make loans,” and still requires meeting capital, liquidity, and BSA/AML-related requirements.
Short term 📈: The policy signal is strong, and BTC, ETH, XRP, and others benefit noticeably—after Ripple obtained the charter, its cross-border payment compliance improved significantly, and Circle’s USDC credit endorsement was strengthened.
Long term 📉: The charter threshold and ongoing supervision will accelerate industry consolidation; small and mid-sized institutions without solid fundamentals or the ability to bear compliance costs will be pushed out, and market liquidity will concentrate in leading assets such as BTC, ETH, and XRP. It will still take time before banks truly carry out crypto matching and custody at large scale—be careful of a potential “high opening and then falling” after good news is priced in.#美OCC称数字资产公司可申请国家银行牌照
$XRP
$BTC
$ETH