United StatesRipple’s $2.5 billion stablecoin gained a federal regulator.
The US comptroller of the currency approved the licence, pulling crypto deeper into regulated finance.
Ripple National Trust Bank will manage RLUSD’s reserves and offer custody, while a New York-regulated unit still issues the token.
Ripple will keep working with the comptroller’s office and New York regulators as GENIUS Act rules arrive.
How each outlet framed it
- CoinDesk
- frames the OCC charter as crypto being pulled into the regulated banking system, tracing the July 2025 application and December conditional approval
Sources: CoinDesk