Ripple National Trust Bank Granted Final Approval by the OCC

Chainthink

Release Time: 2026/10/27 00:55:57

XRP

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Summary

Ripple National Trust Bank received final approval from the OCC, as reported by Chainthink. Ripple CEO Brad Garlinghouse confirmed the move on X, stating the bank will support its RLUSD stablecoin and provide digital asset custody services for businesses. The development aligns with the evolving digital asset market, offering enhanced support for institutional clients.

ChainThink reports that on October 27, Ripple CEO Brad Garlinghouse stated on X that the U.S. Office of the Comptroller of the Currency (OCC) has finally approved Ripple National Trust Bank.

According to its description, Ripple can support the stablecoin RLUSD through federally regulated banking platforms and provide digital asset custody services for businesses.

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