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Ripple Receives Final OCC Approval to Launch National Trust Bank

Ripple has received final approval from the U.S. Office of the Comptroller of the Currency to launch a national trust bank. CEO Brad Garlinghouse said it will support RLUSD and offer digital-asset custody.

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Ripple has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to launch a national trust bank.Its CEO, Brad Garlinghouse, wrote on X that Ripple National Trust Bank will be a federally supervised platform to support Ripple USD (RLUSD) and offer digital asset custo…