RLUSD
−0.0%Ripple receives final OCC approval for national trust bank and RLUSD reserves
Image: CointelegraphThe Office of the Comptroller of the Currency gave final approval to Ripple National Trust Bank, completing its charter process. The bank can manage reserves backing the RLUSD stablecoin and provide digital asset custody, but it is limited to fiduciary activities and cannot take deposits or make loans. RLUSD will remain issued by Standard Custody & Trust Company, regulated by the New York Department of Financial Services. The approval follows a conditional decision in December 2025 and aligns Ripple with firms such as Circle that have also secured OCC approval.
Key points
- The OCC granted final approval to Ripple National Trust Bank, completing its charter process.
- The bank is authorized to manage reserves backing the RLUSD stablecoin and act as collateral trustee for holders.
- RNTB can provide digital asset custody services but is limited to fiduciary activities and cannot accept deposits or make loans.
- RLUSD will continue to be issued by Standard Custody & Trust Company, regulated by the NYDFS.
- The approval places Ripple alongside Circle, which also received final OCC approval.
Why it matters
The approval gives RLUSD reserve management federal oversight, enhancing transparency for users. It also enables Ripple to offer regulated custody services to enterprise clients, supporting broader stablecoin use.
Price context · RLUSD
At publication
$1.00
Now
$1.00
Change since
+0.00%
7 days · dashed line = publication
Sources · 4 publishers
The Defiant
Tier 1
Ripple Wins Final OCC Trust Bank Approval for RLUSD Reserves and Custody
Cointelegraph
Tier 1
Ripple wins final US approval for national trust bank
CoinGape
Tier 2
BREAKING: Ripple Secures Final OCC Approval to Operate National Trust Bank
Coverage timeline
- First reported by Crypto Briefing
- Also reported by The Defiant
- CryptoVideos brief published
- 1 more publisher added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
