Ripple Gains Federal Approval to Launch National Trust Bank
The Office of the Comptroller of the Currency (OCC) has granted Ripple conditional approval to establish Ripple National Trust Bank (RNTB). This federally supervised trust bank aims to enhance regulatory compliance and transparency in the stablecoin market.
Impact of the GENIUS Act
This approval comes on the heels of the GENIUS Act, signed by President Trump in July 2025. The act creates clear regulations for U.S. stablecoins, which supports Ripple’s efforts to align with regulatory expectations.
Ripple’s Commitment to Regulation
Ripple is recognized as a leader in the blockchain and crypto solutions industry. The company emphasizes its collaboration with regulators and policymakers to ensure compliance. The establishment of RNTB allows Ripple’s stablecoin business to be supervised at both the federal and state levels through the OCC and New York Department of Financial Services (NYDFS).
Significance of Dual Regulatory Supervision
- Sets a new standard for transparency in the stablecoin market.
- Provides oversight for Ripple’s RLUSD reserves.
- Ensures rigorous compliance for stablecoin operations.
Ripple’s Stablecoin Success
Ripple’s RLUSD stablecoin has achieved significant milestones, surpassing a market capitalization of $1 billion in less than a year. This stablecoin is actively utilized in various payment solutions and as collateral by institutional partners such as Ripple Prime, highlighting the growing demand for regulated stablecoins.
CEO’s Statement
Ripple’s CEO Brad Garlinghouse stated, “The conditional approval of our trust bank charter represents a massive step forward, setting the highest standard for stablecoin compliance.” This highlights Ripple’s commitment to ensuring RLUSD maintains transparency and responsible management.
Ripple’s Broader Financial Services
RNTB will extend the same regulatory rigor employed in RLUSD to Ripple’s payment and institutional service offerings. Ripple Payments leverages over a decade of experience, using digital assets and stablecoins for real-time settlements and efficient global liquidity.
Ripple’s Global Reach
With a payout network that covers over 90% of the global foreign exchange market, Ripple has processed more than $95 billion to date. The company’s offerings make cross-border payments faster and more accessible, positioning Ripple as a significant player in traditional finance.
Ripple continues to innovate, providing businesses with secure methods to store and manage digital assets while promoting the adoption of regulated financial solutions.
