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ARTICLE · 27 FEBRUARY 2026

Weekly Blockchain Blog – Feburary 23, 2026

BakerHostetler
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A digital assets-focused affiliate of a major U.S. fintech company recently announced that it "has received conditional approval from the Office of the Comptroller of the Currency (OCC)...

United StatesTechnology
Robert A. Musiala Jr.
Robert A. Musiala Jr.
Keith R. Murphy
Keith R. Murphy
Jonathan Cardenas
Jonathan Cardenas
Amos Kim
Amos Kim
Elyssa Kates
Elyssa Kates
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Digital Asset Firms, Fintechs and Banks Announce Stablecoin Initiatives

By Robert A. Musiala Jr.

A digital assets-focused affiliate of a major U.S. fintech company recently announced that it "has received conditional approval from the Office of the Comptroller of the Currency (OCC) to organize a federally chartered national trust bank." According to a company press release, subject to OCC requirements and final approval, the OCC charter will enable the company to offer custody of digital assets, stablecoin issuance and orchestration, and stablecoin reserve management.

In more stablecoin news, Modern Treasury, a U.S.-based payments and fintech company, recently announced the launch of Modern Treasury Payments, an "integrated payment service provider (PSP)" that leverages the company's "banking, blockchain and compliance infrastructure" and seeks to provide merchants "a faster path to market than BaaS or securing ... bank sponsorships." According to the press

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