The Digital Chamber urged the OCC to uphold national trust charters granted to crypto firms including Circle to issue stablecoins, rebuffing Senator Warren’s claims. KeyBanc initiated coverage, forecasting USDC’s 24% market share to grow at mid-30% CAGR and Circle’s other revenue streams to expand at a 50% CAGR through 2028.
The Digital Chamber urged the Office of the Comptroller of the Currency to uphold national trust charters granted to crypto firms, including Circle, enabling stablecoin issuance. The group argued these charters are authorized by the GENIUS Act and called for clear supervisory expectations to support trust banks.
KeyBanc Capital Markets initiated coverage on Circle, highlighting USDC’s 24% global market share and forecasting a mid-30% CAGR for USDC circulation through 2028. The brokerage also projected Circle’s ancillary revenue streams—spanning payments, wallets and tokenized funds—to grow at a 50% CAGR over the same period.
