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National trust bank charter stories

Oct 26, 2026

Ripple National Trust Bank receives final OCC approval for crypto custody

The Office of the Comptroller of the Currency granted final approval for Ripple National Trust Bank on October 26, 2026, giving Ripple a federally chartered bank to handle reserves for its RLUSD stablecoin.

Oct 26, 2026·2 sources
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Top claims

  • ▪The Office of the Comptroller of the Currency granted conditional trust bank charters to Circle, Paxos, and BitGo on December 12, 2025
  • ▪The Office of the Comptroller of the Currency granted final approval for New York-based Ripple National Trust Bank on October 26, 2026
  • ▪Ripple National Trust Bank's fiduciary charter places Ripple in direct competition for enterprise crypto custody against BitGo, Paxos, and Circle

People involved

Brad Garlinghouse

Subtopics

Crypto bank charters1Crypto custody1Crypto regulation1GENIUS Act1Institutional crypto adoption1Stablecoin regulation1Stablecoins1

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