Ripple secures final OCC approval for national trust bank
Briefing by News4U · First published
Ripple National Trust Bank received final approval from the Office of the Comptroller of the Currency to manage RLUSD reserves and provide digital asset custody.
Cointelegraph reported that Ripple announced Monday its national trust bank has secured final approval from the Office of the Comptroller of the Currency (OCC). [1]
The approval completes the chartering process for Ripple National Trust Bank (RNTB), which received conditional approval from the OCC in December 2025. The federally supervised trust bank is authorized to manage reserves backing Ripple USD (RLUSD), act as collateral trustee for the benefit of RLUSD holders and provide digital asset custody services, according to Ripple. [1]
RLUSD will continue to be issued by Standard Custody & Trust Company, Ripple’s limited purpose trust company regulated by the New York Department of Financial Services. [1]
Sources
- Ripple wins final US approval for national trust bank
Cointelegraph · · Full text