Rain Seeks OCC’s Approval to Create National Trust Bank

T2Covered by 1 source · first reported by PYMNTS at 06 Oct, 17:36 UTC

Rain is the latest digital asset company seeking to launch a national trust bank. The stablecoin payments infrastructure company announced Monday (Oct. 5) that it has applied to the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank (RNTB). If approved, RNTB will…