BREAKING
OCC Conditionally Approves Ripple National Trust Bank to Issue and Custody RLUSD Stablecoin
XRP
XRP/USDT
$1.0639
-0.51%
$1.0639
-0.51%
(24s)24h Volume
$800,581,603.88
24h H/L
$1.0706 / $1.045
Change: $0.0256 (2.45%)
Long/Short
75.5%
Long: 75.5%Short: 24.5%
Funding Rate
-0.0024%
Shorts pay
Data provided by COINOTAG DATALive data
COINOTAG News reports that on December 13, the U.S. Office of the Comptroller of the Currency issued a conditional approval for Ripple National Trust Bank‘s charter application, marking a notable regulatory milestone for Ripple Labs Inc. The proposed national bank aims to extend trust and custody capabilities across Ripple’s growing digital asset framework.
It would center on fiduciary services to support issuance, management, and custody of RLUSD, Ripple’s US dollar–pegged stablecoin, thereby strengthening the infrastructure around its digital asset business.
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