OpenReserve Bank received conditional OCC approval to establish a blockchain-native US national bank with tokenized deposits, stablecoins, and onchain settlement at its core infrastructure. Similar moves by Revolut and Block signal a shift toward banks designed around blockchain infrastructure rather than adopting it later, representing a fundamental change in financial system architecture.
OpenReserve Bank received conditional OCC approval to operate as a blockchain-native national bank in the US, marking a shift toward financial institutions built with onchain infrastructure at their core rather than adding blockchain later. Similar approvals for Revolut and Block's trust bank application signal that major financial companies are integrating digital asset infrastructure and tokenization directly into regulated banking structures, particularly for stablecoins, RWA yields, and 24/7 settlement.