CROWDFUNDINSIDER · 2026-10-29 15:52 UTC

Ripple Receives Final OCC Authorization to Establish National Trust Bank

Ripple received final OCC authorization to establish Ripple National Trust Bank, a federally supervised national trust bank, completing a process that began with conditional approval in December 2025. The bank will manage segregated reserves backing Ripple USD (RLUSD), serve as collateral trustee, and offer fiduciary digital asset custody to enterprise clients, but will not accept deposits or extend loans. RLUSD, introduced in December 2024, has reached approximately $2.5 billion market capitalization and continues to be issued by Standard Custody & Trust Company under NYDFS regulation, now…

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