Will's Blog: Paxos applies to create a US national trust bank, which would allow it to manage and hold assets for customers, following applications by Circle and Ripple (Hannah Lang/Reuters)

11 August 2025

Paxos applies to create a US national trust bank, which would allow it to manage and hold assets for customers, following applications by Circle and Ripple (Hannah Lang/Reuters)

Hannah Lang / Reuters:
Paxos applies to create a US national trust bank, which would allow it to manage and hold assets for customers, following applications by Circle and Ripple — Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank in the U.S. …

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