#RippleWinsFullApprovalAsNationalTrustBank
đŠ Ripple Gets Its Federal Bank Charter
đ Oct 26: the OCC granted final approval for Ripple National Trust Bank
đ Applied July 2025, conditional nod December 2025
đ It will hold RLUSD reserves as trustee and offer crypto custody
đœ RLUSD is still issued by Ripple's NYDFS-regulated trust company
đ RLUSD market cap: about $2.5B, with BNY as primary reserve custodian
â ïž A national trust bank usually takes no deposits, makes no loans and has no FDIC insurance
đ Circle got final approval in July; Coinbase is still conditional
What it means for crypto: federal oversight may make RLUSD easier for institutions to adopt, but XRP's price isn't directly tied to the charter.
Does a federal charter make you trust a stablecoin more? đ
$XRP
#CryptoNews #RLUSD #Stablecoins #RippleWinsFullApprovalAsNationalTrustBank
đŠ Ripple Gets Its Federal Bank Charter
đ Oct 26: the OCC granted final approval for Ripple National Trust Bank
đ Applied July 2025, conditional nod December 2025
đ It will hold RLUSD reserves as trustee and offer crypto custody
đœ RLUSD is still issued by Ripple's NYDFS-regulated trust company
đ RLUSD market cap: about $2.5B, with BNY as primary reserve custodian
â ïž A national trust bank usually takes no deposits, makes no loans and has no FDIC insurance
đ Circle got final approval in July; Coinbase is still conditional
What it means for crypto: federal oversight may make RLUSD easier for institutions to adopt, but XRP's price isn't directly tied to the charter.
Does a federal charter make you trust a stablecoin more? đ
$XRP
#CryptoNews #RLUSD #Stablecoins #RippleWinsFullApprovalAsNationalTrustBank
