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).
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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).