OCC don approve say bank dem fit hold crypto for gas fee

For Interpretive Letter No.1186, di US Office of the Comptroller of the Currency (OCC) don approve say national banks fit hold native crypto tokens for dia balance sheets to cover crypto gas fees. This guidance dey remove costly waka arounds like buying tokens for every transaction or outsource fee payments, plus e align with Federal Reserve wey don withdraw anti-crypto directives and the pending GENIUS Act stablecoin framework. Media executive Paul Barron talk for X say banks fit now manage BTC, ETH, XRP and SOL direct-ly, no need third-party again. Traders suppose dey watch how banks dey integrate this ability, because direct payment of crypto gas fees fit reduce transaction delays, lessen volatility risk, and fit boost institutional on-chain trading plus wider crypto adoption.