By Isaac • October 27, 2026 7:08 am •
Ripple has cleared the last major federal charter hurdle for a bank built around stablecoin reserves and institutional crypto custody.
The company said the Office of the Comptroller of the Currency granted final approval for Ripple National Trust Bank, moving the institution beyond the conditional approval it received in December 2025. The decision does not turn Ripple into a conventional retail bank.
It gives the company a federally supervised trust-bank platform with a narrow but important set of jobs.
According to Ripple’s announcement, the new bank can manage the segregated reserves behind Ripple USD, serve as collateral trustee for RLUSD holders, and provide fiduciary digital-asset custody to institutions. Those are the parts of crypto finance where
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!