[Decrypt: Stablecoin Issuers Compete for U.S. Banking Licenses to Expand Business] Stablecoin issuers are actively applying for U.S. banking licenses, with the latest entrant being Bridge, a subsidiary of payment company Stripe. This move aims to enhance compliance and expand market influence. In recent years, the stablecoin market has grown rapidly, making regulatory compliance a focal point for the industry. The community remains cautious about the potential impact of banking license applications, concerned about restrictions that regulation might bring. (Decrypt)