📰 Ripple Wins Final OCC Approval for Trust Bank Behind $2.6B RLUSD Stablecoin
🗓️ Oct 27 2026 10:16 UTC
The federally supervised bank will manage RLUSD's reserves and offer custody, as banking groups fight crypto charters in court.
➤ Ripple has received final OCC approval for its federally supervised Ripple National Trust Bank, which will manage reserves for its RLUSD stablecoin.
➤ This approval allows Ripple to offer fiduciary digital asset custody services and places RLUSD under both state and federal supervision.
➤ The move comes amidst ongoing legal challenges from banking groups and political opposition questioning the OCC's charter approvals for crypto firms.
#ripple #rlusd #stablecoin #occ #ripplenationaltrustbank #custody #reserves #nydfs #banking #regulation
🔗 Read more at: https://rwatimes.io/articles/decrypt-ripple-wins-final-occ-approval-for-trust-bank-behind-2-6-b-rlusd-stablecoin-1377956302
🗓️ Oct 27 2026 10:16 UTC
The federally supervised bank will manage RLUSD's reserves and offer custody, as banking groups fight crypto charters in court.
➤ Ripple has received final OCC approval for its federally supervised Ripple National Trust Bank, which will manage reserves for its RLUSD stablecoin.
➤ This approval allows Ripple to offer fiduciary digital asset custody services and places RLUSD under both state and federal supervision.
➤ The move comes amidst ongoing legal challenges from banking groups and political opposition questioning the OCC's charter approvals for crypto firms.
#ripple #rlusd #stablecoin #occ #ripplenationaltrustbank #custody #reserves #nydfs #banking #regulation
🔗 Read more at: https://rwatimes.io/articles/decrypt-ripple-wins-final-occ-approval-for-trust-bank-behind-2-6-b-rlusd-stablecoin-1377956302