# Circle Wins New York Trust Charter, Deepening the Regulated Path for USDC

The limited-purpose charter lets the stablecoin issuer offer fiduciary and custody services directly under New York banking law.

- Published: 2026-08-01T05:29:18.454Z
- Canonical: https://polylog.news/crypto/2026-08-01/circle-wins-new-york-trust-charter-deepening-the-regulated-p
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/07/31/circle-secures-new-york-trust-charter-as-crypto-regulatory-push-accelerates), [Polylog editors](https://polylog.news)

Circle, the issuer of the USDC stablecoin, has received a limited-purpose trust charter from the New York State Department of Financial Services, CoinDesk reported. The approval allows Circle to offer fiduciary and custody services under Ne…

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