The Office of the Comptroller of the Currency approves Ripple National Trust Bank application conditionally

On December 13, the Office of the Comptroller of the Currency (OCC) granted conditional approval to Ripple National Trust Bank’s application. Ripple National Trust Bank is an anticipated 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 stablecoin RLUSD (Ripple USD).

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