EconPulse Markets. Economy. Malaysia & The World. Sat, 10 Oct 2026
Crypto

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

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

Summary

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.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →