Since the OCC reopened chartering, a wave of fintechs and crypto platforms — including Revolut, Coinbase, Kraken, Circle, Mercury — have filed for a national bank or national trust bank charter instead of relying on a sponsor bank. Most are trust bank applications: custody and stablecoin settlement under one federal supervisor instead of fifty state licences.
28
Active applications tracked
21
Conditional approvals
2
Approved
2
Denied
What's in the full tracker
- Applicant company and proposed bank name, for every open OCC filing
- Charter type — national bank (deposit-taking, FDIC-insured) vs. national trust bank (non-depository custody/settlement)
- Status: filed, conditional approval, approved, denied, or opened
- Filing and decision dates, linked to the underlying OCC documentation
- Use case — stablecoin settlement, digital-asset custody, or full banking services