Payoneer Files OCC Application for U.S. National Trust Bank Charter

Reuters

Yesterday

Payoneer Files OCC Application for U.S. National Trust Bank Charter

Payoneer Global Inc. said it has filed an application with the U.S. Office of the Comptroller of the Currency to establish PAYO Digital Bank, N.A., a national trust bank intended to support stablecoin-enabled infrastructure for global businesses. The company said the proposed bank would be designed to enable sending and receiving approved stablecoins, issuing a PAYO-USD stablecoin under the GENIUS Act framework, managing related reserves, providing custodial wallet services, and supporting conversions between stablecoins and local currencies, subject to regulatory approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Payoneer Global Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY94377) on February 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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