Stablecoin payments firm Rain is making a bold move by pursuing a national trust bank charter in New York. If approved, this would allow them to independently custody assets, manage reserves, and handle token issuance without relying on traditional third-party banks. It is a massive step toward bridging the gap between legacy finance and crypto infrastructure, highlighting how major players are seeking regulatory independence to scale operations efficiently. #Stablecoins #Banking #CryptoRegulation