《Financial Times》: Trump Deregulation Helps Crypto Firms Make Inroads into US Banking

BlockBeats News, July 14th, according to the Financial Times, cryptocurrency companies are accelerating their entry into the traditional US banking sector, leveraging the Trump administration's crypto-friendly regulatory environment. Ripple, Circle, and BitGo have applied for a national trust bank charter, allowing them to provide cryptocurrency custody and payment processing services without the need to apply for state-by-state licenses, enabling nationwide operations.

Circle has applied to establish the "First National Digital Currency Bank," aimed at strengthening the USDC stablecoin infrastructure and complying with the requirements of the GENIUS Act. Ripple has also applied for a Fed master account to directly hold stablecoin reserves.

Meanwhile, Kraken plans to launch debit cards and credit cards by the end of this month, with no intention of applying for a full banking license, focusing on the integration of crypto tools and financial services. Market analysis indicates that this trend is being driven by the open attitude of the Trump administration and progress in stablecoin legislation, but regulatory approval still faces uncertainties.