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The Office of the Comptroller of the Currency Conditionally Approves Ripple National Trust Bank Application

2025-12-12 16:17

BlockBeats News, December 13, the U.S. Office of the Comptroller of the Currency conditionally approved Ripple National Trust Bank's application.

Ripple National Trust Bank is a proposed national trust bank under Ripple Labs Inc., focusing on trust and custody services to support Ripple's digital asset business, particularly the issuance, management, and custody of its US dollar-pegged stablecoin, RLUSD (Ripple USD).

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Circle, Ripple, and three other institutions have received conditional approval for a U.S. trust banking license, further advancing the integration of cryptocurrency and traditional finance.

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