EconomyRain seeks national trust bank charter to bypass third-party banks
Stablecoin payments company Rain is seeking a New York trust bank charter that would let it custody digital assets and dollars, manage stablecoin reserves, and issue and redeem dollar-backed tokens without relying on third-party banks.
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CoinDesk★★☆☆☆2026-10-07 09:09Original
Rain seeks national trust bank charter to bypass third-party banks
Economy