Five leading cryptocurrency firms, including Circle, Ripple, BitGo, Fidelity Digital Assets, and Paxos, have been granted national trust bank licenses by the Office of the Comptroller of the Currency (OCC). This significant development integrates these crypto giants into the federal banking infrastructure, allowing them to directly connect to the Federal Reserve's clearing network and conduct core banking activities such as digital asset custody and trust. The move marks a strategic shift in U.S. regulation, reflecting a more inclusive approach towards crypto innovation. The licenses enable these firms to offer low-cost, real-time fund settlement and enhance their credibility in the financial system. This transition is expected to reshape the stablecoin market, which has grown to $300 billion, by providing a compliant and efficient settlement pathway within the traditional banking framework.