The Office of the Comptroller of the Currency (OCC) recently made a major announcement. It provided conditional approval for a new application. Ripple, a leader in enterprise blockchain solutions, submitted the application. It was for the establishment of the Ripple National Trust Bank (RNTB). The RNTB is a federally supervised trust bank in the United States. This OCC approval follows the recent passage of the GENIUS Act. President Trump signed this act in July 2025. It established clear rules for U.S. stablecoins immediately. This announcement reinforces Ripple’s strong leadership in the market. It shows their commitment to building regulation-first solutions consistently.
The new national trust bank will manage reserves for RLUSD. RLUSD is Ripple’s own stablecoin offering. Therefore, this business will be subject to dual oversight layers. It will be supervised at both state and federal levels. This includes the New York Department of Financial Services (NYDFS). It also includes the Office of the Comptroller of the Currency (OCC). This dual regulation sets a new, higher bar for compliance. It ensures transparency in the stablecoin market clearly. Traditional finance entities are now entering the market quickly. They will look to leverage stablecoins with the highest regulatory rigor. This ensures the reliability needed for enterprise adoption of the technology.
A New Standard for Compliance
The new OCC charter significantly expands Ripple’s regulatory reach. It also reinforces RLUSD as the gold standard for trust and compliance. With final approvals, Ripple can offer stronger protections. These protections are for all RLUSD holders effectively. They also ensure the highest levels of security and accountability. Furthermore, RNTB’s services will extend this regulatory rigor. It will apply it to broader payments and institutional offerings. This includes Ripple’s payments solutions platform.
Brad Garlinghouse is the Chief Executive Officer of Ripple. He provided an impactful statement on the conditional approval:
“The conditional approval of our trust bank charter represents a massive step forward – setting the highest standard for stablecoin compliance with both federal and state oversight. While anti-innovation bank lobbyists may claim otherwise, we are ensuring RLUSD is the most transparent and responsibly managed stablecoin in the market today.”
Utility is already driving broad adoption successfully. RLUSD has surpassed $1 billion in market cap quickly. It is actively used across Ripple’s payments solutions platform. This adoption underscores a real-world demand for regulated stablecoins. Ripple National Trust Bank will further solidify this position. Ripple Payments leverages stablecoins for fast, real-time settlement. It enables global liquidity and efficient on/off-ramps for users. This ensures the future success of the Ripple National Trust Bank and its services.
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News Source: Businesswire.com
