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Rain is seeking a national trust bank charter to bypass third-party banks

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2LAR Wire Desk (CoinDesk)
2LAR Wire Desk (CoinDesk) Syndicated Wire Desk • Published 2026-10-07
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Rain is seeking a national trust bank charter to bypass third-party banks

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....

Real-time digital asset intelligence report synthesized from live wire distributions covering global market trends, network protocol upgrades, and regulatory developments.

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Syndicated from CoinDesk. Read the full original report at CoinDesk Wire.
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