Odaily News Circle and BitGo are working to embed themselves into the U.S. banking system by applying for banking licenses, aiming to strengthen ties with traditional finance. After returning to the White House, Trump relaxed restrictions that previously required banks to obtain approval before working with crypto companies, which provided new opportunities for crypto companies. Companies such as Circle and BitGo are seeking to obtain full banking charters, planning to provide deposit and loan services like traditional banks. At the same time, traditional banks such as Bank of America and US Bancorp are also reconsidering their involvement in the crypto field. Stablecoins in the crypto industry remain at the core, and Tether and Circle's USD Coin continue to dominate the market.