Ripple gets final approval for a US national trust bank

What happened. On 26 October Ripple said in a press release that the OCC, the US federal bank regulator, gave final approval to charter Ripple National Trust Bank (RNTB). The bank got conditional approval in December 2025 and has been organising since then.

What the bank will do. Per Ripple, RNTB may manage the segregated reserves backing Ripple USD (RLUSD), act as collateral trustee of those reserves for RLUSD holders, and provide digital asset custody. RLUSD will still be issued by Standard Custody & Trust Company, Ripple's trust company supervised by the New York Department of Financial Services (NYDFS).

What a national trust bank is. It is a federally chartered bank that holds and manages assets for clients. According to the OCC, as cited by Cointelegraph, most such banks do not take deposits, do not make loans and carry no FDIC deposit insurance. So it is not a regular bank for your salary.

RLUSD in numbers. Per Ripple, RLUSD launched in December 2024 and has a market cap of $2.5 billion. BNY is the primary reserve custodian. Reserves are US dollar deposits, US government securities and other cash equivalents, and Ripple publishes monthly third-party attestations.

Who else. Circle got final OCC approval in July. Coinbase got conditional approval in April, Crypto.com and Bridge in February. Ripple says it will keep working with the OCC and NYDFS as the US puts the GENIUS Act stablecoin rules in place.

Keep in mind. A charter is about infrastructure, not token prices. This is not advice to buy or sell anything.

已确认的事实

• On 26 October Ripple announced that the OCC granted final approval to charter Ripple National Trust Bank (RNTB).^[1][2]
• The bank received conditional OCC approval in December 2025.^[1][2]
• RNTB may manage RLUSD reserves, act as collateral trustee for holders and provide digital asset custody.^[1]
• RLUSD will still be issued by Standard Custody & Trust Company, supervised by NYDFS.^[1][2]
• RLUSD has a $2.5 billion market cap, launched in December 2024, and BNY is its primary reserve custodian.^[1]
• Circle got final OCC approval in July; Coinbase has had conditional approval since April, Crypto.com and Bridge since February.^[2]
• According to the OCC, most national trust banks take no deposits, make no loans and have no FDIC insurance.^[2]

影响

• 已确认RLUSD reserves will be under federal OCC supervision on top of New York state oversight.
• 我们的解读A stablecoin with a federal trust bank may pass banks' and companies' internal checks more easily.
• 我们的解读Two large issuers approved in a row suggests the OCC is open to crypto firms.

仍未知

• When RNTB opens for business.
• Whether RLUSD issuance will later move from the New York company to the federal bank.
• When Coinbase, Crypto.com and Bridge get final decisions.

影响到谁

United States, Worldwide. Anyone who uses stablecoins or follows Ripple and XRP, in any country

来源

1. Ripple (Business Wire): Ripple Receives Final OCC Approval to Establish National Trust Bank 2026年10月26日 · 官方
2. Cointelegraph: Ripple wins final US approval for national trust bank 2026年10月27日 · 媒体