Stewardship the digital economy can build on

Circle National Trust is a federally chartered trust bank that safeguards digital assets under the supervision of the US Office of the Comptroller of the Currency (OCC). It provides a regulated foundation for how value is held and managed within the internet financial system.

Circle National Trust safeguards digital assets within a fiduciary custody framework. Over time, it is expected to manage the USDC reserves under the OCC’s supervision. It does not  take deposits or lend funds. 

Upon launch, Circle National Trust will provide fiduciary custody services to Circle affiliates supporting institutional customer relationships.

It operates as a trust bank under the supervision of the OCC, adhering to federal standards for fiduciary custody and bringing digital asset infrastructure into alignment with established federal oversight.

It means that custody activity is subject to strict regulatory requirements designed to safeguard customer assets. For institutions, this provides a higher level of transparency, accountability and assurance in how their assets are safeguarded. Digital assets held at Circle National Trust are held in custodial accounts for the benefit of customers and segregated from corporate assets, with clearly established legal protections structured to be bankruptcy remote, both through their separation from corporate assets, and the federal resolution framework applicable to national trust banks.