Crypto
Ripple wins final US approval for national trust bank
The approval clears the way for Ripple to manage reserves backing its RLUSD stablecoin and provide digital asset custody.
Cointelegraph•
The approval clears the way for Ripple to manage reserves backing its RLUSD stablecoin and provide digital asset custody.
Ripple announced Monday that its national trust bank has secured final approval from the Office of the Comptroller of the Currency (OCC).
The approval completes the chartering process for Ripple National Trust Bank (RNTB), which received conditional approval from the OCC in December 2025.
RLUSD will continue to be issued by Standard Custody & Trust Company, Ripple’s limited purpose trust company regulated by the New York Department of Financial Services.