Circle Internet Group, Inc. (NYSE: CRCL), a financial technology firm, announced today that it has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to set up Circle National Trust, or First National Digital Currency Bank, N.A. (“FNDCB”). The authorization will be an important regulatory milestone for a stablecoin issuer, which pushed the CRCL stock up by 10%.