Bridge, Stripe's stablecoin division, has applied for a national bank trust charter from the US Office of the Comptroller of the Currency (OCC).
This strategic move would place Bridge under a unified federal framework, in line with the recently passed GENIUS Act.
According to co-founder Zach Abrams, the license is the key infrastructure needed to "tokenize trillions of dollars," which would position Bridge to provide fully regulated stablecoin issuance and custody services.
The application highlights Stripe's intention to make regulated digital assets a core part of its financial infrastructure following its acquisition of Bridge last year for $1.1 billion.