Agora Atlas Corp. has received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC), the U.S. national bank regulator, to establish Agora National Trust Bank, a federally chartered institution based in New York. The proposed bank would issue non-fiduciary dollar-backed stablecoins, maintain their reserves, provide digital asset custody and manage transactions for custody clients. It would not accept insured deposits or make loans. The OCC issued Corporate Decision No. 1393 on September 18, 2026. Because the approval is conditional, Agora must complete pre-opening requirements before operations begin. The OCC has not publicly disclosed all conditions, which typically involve capital, governance and operational-readiness documentation. Agora was incorporated in Delaware in October 2023 and filed its OCC application in April 2026 after issuing stablecoins for roughly two years. The decision came about five months after the filing, as the OCC processed a broader pipeline of federal charter applications from digital-asset-focused firms during 2025 and 2026.