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State-Chartered Issuer

Definition

A state-chartered issuer refers to a financial institution or entity that has received its operating license and regulatory authority from a specific state government within the United States. This designation means the issuer operates under state-level laws and supervision, rather than federal oversight. Such entities often include banks, credit unions, or trust companies that may issue financial products, including potentially stablecoins or other digital assets. This status defines their regulatory environment.