Circle Granted Trust Charter by the New York Department of Financial Services
July 31, 2026
NEW YORK — July 31, 2026 — Circle Internet Group, Inc. (NYSE: CRCL), a global financial technology company and stablecoin market leader, today announced that it has received a limited purpose trust charter from the New York Department of Financial Services (NYDFS) for Circle Internet Trust Company LLC, d/b/a Circle New York Trust.
Circle’s New York trust charter underscores Circle’s commitment to the highest standards of safety, transparency, and compliance. In 2015, Circle became the first company to receive a BitLicense from NYDFS, marking the beginning of an enduring regulatory relationship with the agency.
“Earning a New York trust charter has been a longstanding objective for Circle given the regulatory clarity that comes with it,” said Jeremy Allaire, Co-Founder, Chairman, and CEO of Circle. “NYDFS is an international standard setter for digital asset regulation, and New York is Circle’s global headquarters. This charter reflects over a decade of regulatory commitment and positions USDC within a strong, respected framework as digital dollars become central to the global financial system.”
About Circle (company description)
Circle (NYSE: CRCL) builds digital assets, payment applications, and programmable blockchain infrastructure. Platform includes USDC stablecoin network, Circle Payments Network, and Arc enterprise blockchain.
CoinDesk corroboration (Jul 31, 2026)
CoinDesk (https://www.coindesk.com/policy/2026/07/31/circle-secures-new-york-trust-charter-as-crypto-regulatory-push-accelerates): Limited purpose trust charter allows fiduciary, custody, and asset-management services under New York Banking Law. USDC market cap exceeding 64.24 Friday morning. Earlier in July, Circle received OCC approval to establish a national trust bank (custody/fiduciary; no consumer deposits or loans). Other NYDFS limited purpose trust charter holders include Coinbase, MoonPay, BitGo, and Paxos. Circle was first BitLicense recipient (~2015 per CoinDesk “nearly six years ago” phrasing vs company 2015 statement).