{
  "slug": "2026-10-26-occ-grants-ripple-final-approval-for-national-trust-bank",
  "title": "OCC grants Ripple final approval to launch national trust bank",
  "date": "2026-10-28T00:30:44.000Z",
  "updated": "2026-10-28T00:30:44.170Z",
  "tags": [
    "news",
    "launches",
    "industry"
  ],
  "source": "https://ripple.com/ripple-press/ripple-receives-final-occ-approval-to-establish-national-trust-bank/",
  "summary": "The charter allows Ripple to supervise RLUSD reserves and provide fiduciary crypto custody under federal oversight.",
  "kind": "article",
  "body": "# OCC grants Ripple final approval to launch national trust bank\n\n*The charter allows Ripple to supervise RLUSD reserves and provide fiduciary crypto custody under federal oversight.*\n\nThe Office of the Comptroller of the Currency granted Ripple final approval on October 26, 2026, to establish Ripple National Trust Bank, a federally supervised national trust bank. The decision concludes a process that began with conditional approval in December 2025.\n\nOnce operational, the bank will manage the segregated reserves backing Ripple USD (RLUSD), serve as collateral trustee for RLUSD holders, and offer fiduciary digital asset custody. As a trust bank, it cannot accept deposits or provide FDIC-insured accounts.\n\nRLUSD will continue to be issued by Standard Custody & Trust Company, a limited purpose trust company regulated by the New York Department of Financial Services. The stablecoin is now subject to both state and federal oversight. Ripple said RLUSD, launched in December 2024, has a $2.5 billion market cap. It is backed by U.S. dollar deposits, U.S. government securities, and cash equivalents, with BNY Mellon as primary reserve custodian and monthly third-party attestations.\n\n\"For years, we've said crypto and banks work better together,\" said Ripple CEO Brad Garlinghouse. \"The charter gives Ripple an even stronger foundation for RLUSD.\"\n\nThe approval faces opposition. Community banks are challenging the OCC's crypto charters in court, and Senator Elizabeth Warren has called them illegal, according to Decrypt.",
  "sources": [],
  "wordCount": 230,
  "readingTime": 2,
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  "translations": [
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      "url": "https://agentkeizai.today/a/2026-10-26-occ-grants-ripple-final-approval-for-national-trust-bank",
      "name": "エージェント経済"
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      "url": "https://agentpost.today/a/2026-10-26-occ-grants-ripple-final-approval-for-national-trust-bank",
      "name": "에이전트포스트"
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}