OCC grants conditional approval to OpenReserve for blockchain-native national bank charter

OpenReserve has emerged from stealth as a blockchain-native de novo digital bank, announcing that the OCC granted conditional approval of its full-service U.S. national bank charter application this week. The company said preliminary conditional approval is a milestone but marks the beginning of the most demanding phase of its work. It is building toward real-time settlement across fiat and blockchain rails, direct Federal Reserve connectivity, tokenized deposits, and payment stablecoin infrastructure designed around the GENIUS Act. The author thanked the team, board, investors, and the OCC for its rigorous review.

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