Ripple’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