Stripe’s Stablecoin Platform Bridge Wins Conditional OCC Bank Charter Approval

Ben Graham · February 18

Stripe’s stablecoin arm, Bridge, just cleared a major regulatory hurdle and scored a major win for crypto legitimacy. On Tuesday, 17 February 2026, the company confirmed it has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency (OCC).

Importantly, if the charter is finalized, Bridge will be able to custody crypto assets, issue stablecoins, and manage the cash reserves backing them, all as a federally regulated national bank. This creates a clear federal framework for enterprises to build with digital dollars. Can this regulatory green light be called a pivotal step toward stablecoins being treated with the same seriousness as the dollar?

Big move in stablecoins

Stripe’s #stablecoin infrastructure arm Bridge has received conditional approval from the US OCC to establish a national trust bank

If finalized, Bridge National Trust Bank can issue stablecoins, custody digital assets, and manage reserves under… pic.twitter.com/i32PO2z7lM

— SWFT Blockchain (@SwftCoin) February 18, 2026

DISCOVER: 16+ New and Upcoming Binance Listings in 2026

With Conditional Approval, Bridge Joins Firms Like Ripple, Circle In Seeking Similar Status

Stripe said that this approval positions them to align perfectly with the “GENIUS” stablecoin law signed by the US President Donald Trump last year. While other legislative efforts have struggled, like the situations detailed in our coverage of Senator Warner’s challenging bills or when Lummis’s push for bank clarity stalled, Bridge is moving ahead.

However, this is a “conditional” approval. That means the OCC is effectively saying, “You can become a bank, provided you meet these specific strict requirements first.” Bridge joins a growing list of firms like Ripple and Circle seeking similar status, though obtaining final approval remains a rigorous process.

Usually, crypto companies have to apply for a permission slip in every single US state to operate legally. It’s a messy, expensive patchwork of 50 different rules.

A national trust charter from the OCC is like a VIP pass that works everywhere at once. It allows a company to operate across the entire country under one consistent set of federal rules. This is a massive strategic play for Stripe, which acquired Bridge for a staggering $1.1 billion in 2024. After securing this charter, the company will be able to build the regulated infrastructure for the future of money. This move comes at a crucial time, especially given the US Treasury’s strict stance on crypto compliance.

DISCOVER: Top 20 Crypto to Buy in 2026

What This Means for Crypto Investors and the Market

While White House stablecoin talks have often felt slow or stalled, this approval shows that regulators are willing to work with serious players. As Bridge builds this “regulatory backbone,” expect to see faster, cheaper, and safer ways to spend and move your crypto in the real world.

DISCOVER: How to Buy Your First Bitcoin (Safe & Secure Step-by-Step Guide)