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