Ripple Wins Final OCC Trust Bank Approval for RLUSD Reserves and Custody
Ripple has secured final approval from the OCC for a national trust bank charter, which will manage reserves for its RLUSD stablecoin and provide fiduciary digital asset custody. The New York-regulated issuer of RLUSD remains in place while the new trust bank handles reserves and custody. Traders would read this as a regulatory win that strengthens Ripple's institutional infrastructure and could support XRP sentiment.
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1H AGOYou’re reading thisRipple Wins Final OCC Trust Bank Approval for RLUSD Reserves and CustodyThe Defiant · Score 72
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20 OCT · 02:39The Defiant · Score 55 · via OCC trust, OCC
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19 OCT · 22:14Crypto Briefing · Score 55 · via trust bank, national trust
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19 OCT · 14:58CoinDesk · Score 20 · via trust charter, charter