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Ripple Wins OCC Trust Bank Approval
Ripple's CEO announces the US OCC granted final approval for Ripple National Trust Bank, giving $RLUSD and enterprise digital asset custody a federally supervised platform.
Key points
- The USOCC granted final approval for Ripple National Trust Bank, per Brad Garlinghouse.
- Garlinghouse said this gives Ripple a federally supervised platform to support $RLUSD and provide digital asset custody to enterprises.
- Eleanor Terrett said Ripple joins Circle, BitGo and Fidelity Digital Assets with this approval.
- Cointelegraph reported that Garlinghouse called it a federally supervised home for $RLUSD and enterprise crypto custody.
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Original post
What others are saying
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Watcher.Guru reports Ripple officially received full US regulatory approval to operate as a national trust bank.
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Eleanor Terrett says Ripple received full OCC approval to operate as a national trust bank, joining Circle, BitGo and Fidelity Digital Assets.
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Cointelegraph reports Ripple's CEO says the OCC gave final approval for Ripple National Trust Bank, creating a federally supervised home for $RLUSD and enterprise crypto custody.
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Top replies on X
Reaction on X: The top replies are largely congratulatory and bullish on $XRP, with several users framing the approval as long-awaited progress. No critical replies or factual corrections appear among them.
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From @JohnEDeaton1, @hereismyxname, @589CTO and others. Spam removed, with English and Chinese translations.
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