Ripple Gets Final Federal Approval for a Trust Bank to Manage Its Stablecoin’s Reserves
By Unchained
AI summary of the source article
The OCC has granted Ripple National Trust Bank a final federal charter to manage reserve assets backing Ripple's RLUSD stablecoin. The entity will also offer fiduciary custody of digital assets to enterprise clients once operational.
Why it matters
Ripple CEO Brad Garlinghouse stated that a national trust charter "gives us an even stronger foundation for RLUSD and the institutional products we’re building across payments, custody and capital markets."
Key facts
- Ripple National Trust Bank received its final federal charter from the OCC to manage RLUSD reserves and act as collateral trustee.
- RLUSD issuance will remain with Ripple subsidiary Standard Custody & Trust Company under NYDFS oversight.
- Ripple reports RLUSD has reached a $2.5 billion market cap, with BNY acting as the primary custodian for reserves.
Source excerpt · Unchained
The federal bank regulator turned its December 2025 conditional approval into a final charter for Ripple National Trust Bank, which has not yet named an opening date. The post Ripple Gets Final Federal Approval for a Trust Bank to Manage Its Stablecoin’s Reserves appeared first on Unchained .