Defi
A16z-Backed OpenReserve Gets Approval for Full-Service National Bank
Decrypt·September 4, 2026·1 min read
A16z-backed OpenReserve received approval for a full-service national bank charter, diverging from the trust-bank route typical for crypto firms. This clears a path toward insured deposits and conventional lending alongside stablecoin issuance, marking a significant regulatory milestone for the crypto banking sector.
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