Ripple has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish its own trust bank.
The company will be able to manage reserves for its RLUSD stablecoin and custody corporate clients’ crypto assets, but it will not be allowed to accept deposits or issue loans.
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$XRP
The company will be able to manage reserves for its RLUSD stablecoin and custody corporate clients’ crypto assets, but it will not be allowed to accept deposits or issue loans.
Subscribe for updates
$XRP