regulation
Rain is seeking a national trust bank charter to bypass third-party banks
CoinDeskOctober 7, 2026 · 9:34 AM2 min read
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed tokens.
Originally published on CoinDesk
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed tokens.
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