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SignalX✓ Official source17h ago
Ripple CEO Brad Garlinghouse announces OCC approval for trust bank
Ripple CEO Brad Garlinghouse announced that the US OCC has granted final approval for Ripple National Trust Bank to support RLUSD and provide enterprise digital asset custody under federal supervision. While the post confirms the regulatory approval and its strategic focus, it does not specify an official launch date or operational details.
What happened
- Ripple CEO Brad Garlinghouse announced that the US OCC granted final approval for Ripple National Trust Bank.
- The national trust bank will provide a federally supervised platform to support RLUSD and deliver enterprise digital asset custody.
- XRP Ledger accounts for 39.2% of total RLUSD circulation across chains, while Ethereum holds 60.8%.
- The announcement confirms federal regulatory approval, though it does not specify an official launch date or operational details.
3 outlets reported this
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Who Holds Ripple's New Bank Charter?
The US OCC granted final approval for Ripple National Trust Bank to support RLUSD.
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Who Holds the Bank Charter?
Where Does Bridge Utility Stand?
Alerts and analysis report facts from the ledger and public sources; they are not trading signals. Analysis is AI-written and checked by another AI. Investment notice
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