Content overview: “Ripple Secures Final OCC Approval to Launch Ripple National Trust Bank in the U.S.”. Ripple has received final approval from the Office of the Comptroller of the Currency to establish Ripple National Trust Bank, a nationally chartered trust bank in the United States. CEO Brad Garlinghouse announced the news on X, marking a significant milestone for the blockchain payments company. The OCC's approval allows Ripple to offer custodial and trust services, expanding its regulated footprint in the U.S.
This move positions Ripple to provide institutional-grade custody for digital assets, including XRP, and to support its growing payments network. The charter underscores Ripple's commitment to regulatory compliance and could accelerate adoption of its technology by traditional financial institutions. With a national trust bank charter, Ripple can operate across state lines without needing separate state licenses, streamlining its U.S. For the complete material, the listing points back to the source inside the network.