Overview
Circle Internet Trust Company LLC, d/b/a Circle New York Trust, is circle’s New York limited purpose trust company under nydfs supervision for fiduciary and custody services under New York Banking Law.
Recent Developments
- 2026-07-31: Received limited-purpose-trust-charter from nydfs (2026-07-31-circle-nydfs-trust-charter).
- Complements federal occ approval for Circle National Trust (July 2026) — dual state/federal trust posture.
Limited purpose trust ≠ full commercial bank (no consumer deposits/lending like a traditional bank). Scope is fiduciary/custody under charter language.