Rain Seeks OCC’s Approval to Create National Trust Bank
Rain is the latest digital asset company seeking to launch a national trust bank. The stablecoin payments infrastructure company announced Monday (Oct. 5) that it has applied to the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank (RNTB). If approved, RNTB will “bring the custody, reserve management, and stablecoin […] The post Rain Seeks OCC’s Approval to…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.