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Banks push to slow stablecoin law as Agora races for charter
U.S. banks are looking to delay landmark stablecoin legislation even as crypto firms like Agora push ahead.
Apr 30, 2026, 1:56 p.m. 2 min read
- The firm filed for a national trust bank charter with the OCC last week, aiming for approval by year-end
- A charter would allow Agora to issue stablecoins directly under federal oversight
- Van Eck said direct issuance could eliminate “egregious fees” in fiat-to-crypto on/off ramps
What comes next: Agora is eyeing a broader financial stack.
- The company plans to expand beyond issuance into custody, compliance, and infrastructure services
- Van Eck said the goal is to bring businesses “on-chain without them knowing it,” emphasizing seamless integration
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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