REGULATION · US
OCC grants conditional approvals for three trust banks with stablecoin and AI agent authority
The Office of the Comptroller of the Currency approved three national trust banks—Agora National Trust Bank, Catena Trust Bank, and Bastion Platforms Trust Company (via conversion)—with explicit permission to custody stablecoins and deploy AI agents in settlement and trust operations.
WHY IT MATTERS
First regulatory green light for AI agents in core trust banking functions; signals OCC sees AI automation as safe for regulated financial infrastructure, likely to accelerate similar applications across larger incumbents.
Source: PYMNTS · 2026-09-21