President Donald Trump signed an executive order on May 20, 2026. The directive instructs the Federal Reserve to evaluate granting fintech and crypto firms access to master accounts and payment services.
The order aims to foster financial innovation by removing burdensome regulations. It seeks to integrate digital assets into traditional financial systems.
This policy could lower barriers to core U.S. payment rails for companies like Block. Traditional banking groups previously resisted similar access for crypto-native firms.