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The Block· Danny Park·· 4d ago

Ripple wins final OCC approval to launch national trust bank and bring RLUSD under federal oversight

Original source: The BlockRead original
AI brief

Ripple has received final approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. The new structure places reserve management and custody under federal supervision, while leaving token issuance with the New York-regulated entity. This move brings the RLUSD stablecoin under federal oversight.

Source: The Block · theblock.co