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

Rain, a stablecoin payments company, is applying for a national trust bank charter to directly hold digital assets and fiat reserves, aiming to bypass third-party banks.

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

Rain, a stablecoin payments company, is applying for a national trust bank charter to directly hold digital assets and fiat reserves, aiming to bypass third-party banks.

Sources

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

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