[US CFTC: National Trust Banks Can Serve as Approved Issuers of Payment Stablecoins] Foresight News reports that the U.S. Commodity Futures Trading Commission (CFTC) Division of Market Participants has reissued Staff Letter No. 25-40, making limited revisions to the definition of 'payment stablecoins.' The revised provisions explicitly state that national trust banks can serve as approved issuers of payment stablecoins. After the division issued Staff Letter No. 25-40 on December 8, 2025, it became aware that payment stablecoins, as defined in the letter, could be issued by national trust banks. The division did not intend to exclude national trust banks from being issuers and has decided to reissue Staff Letter No. 25-40 to expand the definition of 'payment stablecoins.'