RLUSD
+0.0%Ripple secures final banking approval from the office of the comptroller
Image: U.TodayRipple received final approval from the Office of the Comptroller of the Currency for the Ripple National Trust Bank. The federally supervised entity will manage reserves for the RLUSD stablecoin and provide digital asset custody services. The approval comes as the XRP community prepares for the annual Swell conference in New York City. XRP did not record a large price rally following the announcement.
Key points
- Ripple received final approval from the Office of the Comptroller of the Currency to build a national trust bank.
- The Ripple National Trust Bank will manage reserves for the RLUSD stablecoin and offer fiduciary custody services.
- CEO Brad Garlinghouse announced the regulatory clearance ahead of the annual Swell conference in New York City.
- XRP recorded minimal price movement and did not rally significantly following the banking approval announcement.
Why it matters
The national trust bank charter allows Ripple to integrate digital assets into the existing financial system by managing stablecoin reserves and providing institutional custody under federal supervision.
What's unclear
One report states the prior conditional OCC approval occurred in December 2024, while another report states it occurred in December 2025.
Price context · XRP
At publication
$1.30
Now
$1.31
Change since
+0.77%
7 days · dashed line = publication
Sources · 2 publishers
Finbold
Tier 3
Ripple scores major U.S. banking approval in push into traditional finance
Coverage timeline
- First reported by U.Today
- Also reported by Finbold
- CryptoVideos brief published
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
