What does Ripple's OCC approval of a national trust bank mean for RLUSD?
Company-reported Published 1 min read
Short answer
Ripple reports the OCC granted conditional approval to establish Ripple National Trust Bank, a federally supervised trust bank managing RLUSD reserves under both OCC and NYDFS oversight. Ripple says RLUSD has surpassed $1B market cap in under a year.
The full answer
What did Ripple state?
On December 12, 2025, Ripple stated the following. Ripple reports the OCC granted conditional approval to establish Ripple National Trust Bank, a federally supervised trust bank managing RLUSD reserves under both OCC and NYDFS oversight. Ripple says RLUSD has surpassed $1B market cap in under a year. [1]
The source’s own words: “The Office of the Comptroller of the Currency (OCC) today announced that Ripple, the leader in enterprise blockchain and crypto solutions, received conditional approval for its application to establish Ripple National Trust Bank (RNTB), a federally supervised trust bank.” [1]
Where does this fit on the site?
For the wider picture, see Is Ripple becoming a bank (Ripple National Trust Bank)? and What is Ripple Mint, and what does it say about RLUSD use?. Two related questions are What backs RLUSD, Ripple’s stablecoin? and How many RLUSD stablecoins were outstanding according to Ripple’s latest attestation report?
What we know
- Ripple reports the OCC granted conditional approval to establish Ripple National Trust Bank, a federally supervised trust bank managing RLUSD reserves under both OCC and NYDFS oversight. Ripple says RLUSD has surpassed $1B market cap in under a year (Ripple, December 12, 2025).
In plain English
Ripple reports the OCC granted conditional approval to establish Ripple National Trust Bank, a federally supervised trust bank managing RLUSD reserves under both OCC and NYDFS oversight. Ripple says RLUSD has surpassed $1B market cap in under a year.
Sources
- Ripple Press Releases (ripple.com) — Ripple, 2025-12-12 Primary
Update log
- — Published.
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