Stablecoin banks get US licenses, even if customers are robots

Homepage > News > Business > Stablecoin banks get US licenses, even if customers are robots TL;DR: The OCC continues to approve national trust bank charters for crypto infrastructure firms, including Bastion, Agora, and Catena, which is building a bank for AI agents. Meanwhile, Senate opposition to CLARITY’s stablecoin rewards provisions had broader Republican backing than previously known. Key Takeaways: The OCC is rapidly expanding its roster of federally chartered crypto and stablecoin banks. The OCC breaks new ground by approving a national trustbank built specifically for AI agents. Banks have more GOP support than expected for changes to CLARITY’s stablecoin rewards restrictions, with six Republicans backing it. Brief History: The CLARITY Act (H.R. 3633) is a U.S. bill introduced in 2025 to establish a clearer regulatory framework for digital assets and define the roles of the SEC and CFTC. It passed key House committees in June 2025 and advanced to House consideration in July. Timeline Box to the CLARITY Act May 2024: The House passed FIT21, laying the groundwork for new rules governing digital assets. June 10, 2025: House committees advanced the CLARITY Act in bipa...