Bank & market adoption

Ripple National Trust Bank wins final OCC charter approval

26 October 2026USSource: Ripple

AI-generated image: Unrolled charter scroll with a blue dollar-sign wax seal next to an open steel lockbox of silver coins and a brass key — AI-generated image

Ripple said on 26 October 2026 that the Office of the Comptroller of the Currency (OCC) had granted final approval for chartering Ripple National Trust Bank (RNTB), a federally supervised national trust bank, following conditional OCC approval in December 2025.
RNTB’s approved activities include managing the segregated reserves supporting RLUSD, acting as collateral trustee of those reserves for RLUSD holders and providing fiduciary digital asset custody; RLUSD will continue to be issued by Standard Custody & Trust Company, Ripple’s NYDFS-regulated limited purpose trust company.
(Source: Ripple’s release; no corresponding OCC news release was found on occ.gov when checked on 27 October 2026.)

Why it matters

A stablecoin issuer’s group obtaining a national trust charter to hold its own reserves and offer fiduciary custody adds a federally supervised competitor in the reserve-management and custody services that banks provide to stablecoin issuers.

Read the original: Ripple ↗

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More detail

Who is affected

RLUSD holders and institutional clients of Ripple’s custody services.

Key dates

26 Oct 2026Ripple announces final OCC approval for Ripple National Trust Bank

What remains uncertain

The release does not give an opening date; it says Ripple will work with regulators as RNTB begins operations.

Adoption status

ApprovedRipple National Trust BankFinal OCC approval for a national trust bank charter: RLUSD reserve management, collateral trustee for RLUSD holders, fiduciary digital asset custody

Key facts

Event: Licence / authorisation
Jurisdiction: US
Source: Ripple
Source tier: Tier 2 · Bank / FMI
Product: Custody & trading, Stablecoin issuance
Regulation: GENIUS Act

In the database

Institutions

Office of the Comptroller of the Currency · Ripple National Trust Bank · Ripple

How we verified this

The source says

“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.”

Verbatim from Ripple, matched word for word against the live page on 31 October 2026.

Sources

Official institutionalRipple ↗2026-10-26T2Bank / FMI

Evidence

Confidence: Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified: 2026-10-31 20:02 UTC
Archived snapshot: SHA-256 5685e12bd6fc085f… · fetched 2026-10-27 · Wayback Machine copy ↗
Source type: Official institutional Ripple ↗

Change log (1)

2026-10-27 Published

Full evidence record · How we label confidence

AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.

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