Wu Blockchain has learned that the stablecoin payment platform Rain has applied to the U.S. Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank (RNTB). If approved, RNTB will operate as an independent, OCC-regulated national trust bank headquartered in New York, providing institutional clients with digital asset and USD custody, stablecoin reserve management in compliance with the GENIUS Act, as well as USD stablecoin issuance and redemption services. RNTB will not accept deposits, offer consumer accounts, or issue commercial loans. Client custodial assets will be segregated from the bank's own assets. Rain itself will continue to operate as a stablecoin payment platform, while RNTB will function as an independently capitalized subsidiary under OCC regulation. https://(wublock123.com)/news/rain-stablecoin-payments-files-occ-national-trust-bank-69564