Ripple Wins Final OCC Approval for National Trust Bank
The decision gives RLUSD and enterprise custody a federally supervised platform, deepening Ripple’s bridge between crypto infrastructure and traditional finance.
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The decision gives RLUSD and enterprise custody a federally supervised platform, deepening Ripple’s bridge between crypto infrastructure and traditional finance.
The proposed trust bank would operate without deposits or FDIC insurance, as a legal challenge tests the OCC's authority to charter crypto firms.
The proposal would extend banks' and credit unions' role in digital assets, but the rules remain under consideration.
The tie-up targets wider distribution for custody, trading and stablecoin payments by embedding digital-asset services in existing banking and compliance systems.
The measure gives exchanges, digital depositories and custody providers a formal regulatory perimeter, putting institutional access and compliance at the center of implementation.