The approval clears the way for Ripple to manage reserves and provide custody of the digital asset backing its RLUSD stablecoin.
Ripple announced on Monday that its National Trust Bank has received final approval from the Office of the Comptroller of the Currency (OCC).
gave approval Ripple completes the chartering process for National Trust Bank (RNTB), which Received conditional approval. From OCC in December 2025.
According to Ripple, the federally supervised trust bank is authorized to manage the reserves backing Ripple USD (RLUSD), act as a collateral trustee for the benefit of RLUSD holders and provide digital asset custody services.
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