Incredible! Ripple has secured final approval for a U.S. federal national trust bank—a significant milestone. On October 26, the OCC approved Ripple National Trust Bank (RNTB) to commence operations, paving the way for RLUSD reserve management and institutional digital asset custody. The bank had previously received conditional approval on December 12, 2025. This decision completes RNTB’s organizational process and clarifies the activities it is authorized to conduct.
Ahead of the annual Swell conference, Ripple CEO Brad Garlinghouse called this “big news,” saying a federal regulatory platform could support RLUSD and serve institutional custody needs. His central argument is that banking and crypto need not be at odds: innovation, accountability, and federal oversight can coexist. However, these remain Ripple management’s characterizations of the arrangement.
It’s important to note that RLUSD’s issuer will not change as a result. Standard Custody & Trust Company, which is regulated by the New York State Department of Financial Services, will continue to issue RLUSD, while RNTB adds federal-level oversight and infrastructure support. RNTB plans to manage the reserves backing RLUSD, serve as collateral trustee for holders, and provide regulated digital asset custody. The reserves include U.S. dollar deposits, U.S. government securities, and other cash equivalents, with BNY serving as the primary reserve custodian. Ripple also says it will publish independent third-party attestations of the reserves each month.
Launched in December 2024, RLUSD is already used in Ripple’s payments infrastructure and as collateral at Ripple Prime. The original report also notes that eligible institutions gained access earlier this month to RLUSD custody on the XRP Ledger through Standard Chartered; integration of trade collateral with LMAX Group still requires testing, documentation, and applicable approvals. For the market, the direct impact should currently be considered neutral: a federal charter could increase institutional confidence in crypto custody and stablecoin infrastructure, but the report provides no price reaction or new capital-flow data, so it cannot be taken to mean that XRP or RLUSD will necessarily rise. Do you think federal oversight will accelerate RLUSD’s expansion into institutional use?
$XRP $BTC $ETH
Source: Bitcoin.com News
Ahead of the annual Swell conference, Ripple CEO Brad Garlinghouse called this “big news,” saying a federal regulatory platform could support RLUSD and serve institutional custody needs. His central argument is that banking and crypto need not be at odds: innovation, accountability, and federal oversight can coexist. However, these remain Ripple management’s characterizations of the arrangement.
It’s important to note that RLUSD’s issuer will not change as a result. Standard Custody & Trust Company, which is regulated by the New York State Department of Financial Services, will continue to issue RLUSD, while RNTB adds federal-level oversight and infrastructure support. RNTB plans to manage the reserves backing RLUSD, serve as collateral trustee for holders, and provide regulated digital asset custody. The reserves include U.S. dollar deposits, U.S. government securities, and other cash equivalents, with BNY serving as the primary reserve custodian. Ripple also says it will publish independent third-party attestations of the reserves each month.
Launched in December 2024, RLUSD is already used in Ripple’s payments infrastructure and as collateral at Ripple Prime. The original report also notes that eligible institutions gained access earlier this month to RLUSD custody on the XRP Ledger through Standard Chartered; integration of trade collateral with LMAX Group still requires testing, documentation, and applicable approvals. For the market, the direct impact should currently be considered neutral: a federal charter could increase institutional confidence in crypto custody and stablecoin infrastructure, but the report provides no price reaction or new capital-flow data, so it cannot be taken to mean that XRP or RLUSD will necessarily rise. Do you think federal oversight will accelerate RLUSD’s expansion into institutional use?
$XRP $BTC $ETH
Source: Bitcoin.com News
