Evidence record
Ripple National Trust Bank receives final OCC charter approval to manage RLUSD reserves and provide digital asset custody
Read the item · published 2026-10-26
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-10-31 20:46 UTC
- Archived snapshot
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5685e12bd6fc085f4550954446e3ee8a508b0fa4cb3e87e121fbdb0b08973107· fetched 2026-10-27 · Wayback Machine copy ↗ - Source type
- Official institutional Ripple ↗
… The approval marks the culmination of RNTB's organization process following conditional OCC approval in December 2025 and reinforces the company's longstanding commitment to building digital asset infrastructure within the regulated financial system. RNTB's approved activities include managing the segregated reserves supporting Ripple USD (RLUSD), acting as collateral trustee of the reserves for the benefit of RLUSD holders, and providing fiduciary digital asset custody services. RLUSD will continue to be issued by Standard Custody & Trust Company (SCTC), Ripple's New York Department of Financial Services (NYDFS)-regulated limited purpose trust company. RNTB adds federal OCC supervision to the regulatory infrastructure suppo …
Change log (1)
- 2026-10-27 Published
Verified quotes
“RNTB's approved activities include managing the segregated reserves supporting Ripple USD (RLUSD), acting as collateral trustee of the reserves for the benefit of RLUSD holders, and providing fiduciary digital asset custody services.”
“RLUSD will continue to be issued by Standard Custody & Trust Company (SCTC), Ripple's New York Department of Financial Services (NYDFS)-regulated limited purpose trust company.”
“Upon opening, the national trust bank will be authorized to provide fiduciary digital asset custody services, giving Ripple another federally supervised capability as enterprises increasingly integrate digital assets into existing payments, trading, and treasury infrastructure.”
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