Ripple announced on Monday that the Office of the Comptroller of the Currency has granted final approval to Ripple National Trust Bank. Ripple said the bank can manage RLUSD reserves, serve as collateral trustee for RLUSD holders and provide custody for digital assets. The approval finishes a chartering process that included conditional approval in December 2025. Standard Custody & Trust Company, which New York authorities regulate, will remain the issuer of RLUSD.
