Ripple Seeks U.S. National Trust Bank Charter and Fed Account to Potentially Expand Stablecoin Services


  • Ripple aims to launch Ripple National Trust Bank focused on B2B financial services.

  • The trust bank will manage RLUSD reserves and provide fiduciary services aligned with digital asset payments.

  • Federal Reserve master account access will reduce transaction costs by eliminating intermediaries.

Ripple seeks U.S. trust bank charter and Fed master account to boost RLUSD stablecoin services. Discover the latest developments on COINOTAG.

  • Ripple Labs has formally applied for a national trust bank charter to operate under federal regulation in the U.S.

  • The new entity will focus on business-to-business banking and digital payment infrastructure.

  • Stuart Alderoty, Ripple’s Chief Legal Officer, is among the initial board members of the proposed bank.

Ripple’s strategic move to secure a U.S. banking charter aims to enhance stablecoin operations and regulatory compliance.

Ripple’s National Trust Bank Charter Application Details

Ripple Labs has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank. This limited-purpose trust bank will be federally regulated and primarily serve business-to-business clients. The bank’s operations will include managing reserves for Ripple’s stablecoin RLUSD and offering fiduciary services to support digital asset payments. This initiative reflects Ripple’s commitment to expanding its financial infrastructure within the U.S. regulatory framework.

Federal Reserve Master Account Application and Its Impact

Alongside the trust bank charter, Ripple is applying for a Federal Reserve master account. Approval would grant Ripple direct access to the Federal Reserve’s payment system, enabling faster and more cost-efficient settlements. By bypassing intermediary banks, Ripple expects to reduce operational costs and improve transaction speed, which is critical for scaling its stablecoin and payment services nationwide.

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Ownership and Governance Structure of Ripple National Trust Bank

Ripple National Trust Bank will be wholly owned by Ripple Labs and headquartered in New York. The initial governance will include a five-member board of organizers, featuring Ripple’s Chief Legal Officer, Stuart Alderoty. This leadership structure is designed to ensure compliance with federal regulations and align the bank’s operations with Ripple’s broader digital payment ecosystem.

📰📰#Ripple’s OCC Banking License application is now available! Vol. 1 is the public release. The application provides some clues about Ripple’s intentions and structure to consider.
1/6 pic.twitter.com/Qzr0dIASdD

— WrathofKahneman (@WKahneman) August 2, 2025

How Will Ripple’s Charter Affect Its Digital Asset Strategy?

The public release of Ripple’s charter application outlines a framework focused on trust banking services without explicitly mentioning XRP, Ripple’s native token. However, industry observers suggest XRP may still play a role in Ripple’s long-term strategy. The charter would place Ripple under direct OCC supervision, marking a significant step toward regulatory clarity and operational stability in the U.S. crypto market.

What Are the Regulatory Implications for Ripple?

Securing a national trust bank charter would bring Ripple under stringent federal oversight, aligning its operations with U.S. banking laws. This move follows similar regulatory efforts by other stablecoin issuers and signals Ripple’s intent to comply fully with evolving crypto regulations. It may also enhance investor confidence and institutional adoption of Ripple’s payment solutions.


Frequently Asked Questions

What services will Ripple National Trust Bank provide?

Ripple National Trust Bank will focus on business-to-business banking, managing RLUSD stablecoin reserves, and providing fiduciary services to support Ripple’s digital payment ecosystem.

Why is Ripple applying for a Federal Reserve master account?

Ripple aims to gain direct access to the Federal Reserve’s payment system to streamline transactions, reduce reliance on intermediaries, and lower operational costs.


Key Takeaways

  • Ripple is pursuing a national trust bank charter to expand its stablecoin and payment services in the U.S.
  • The trust bank will be fully owned by Ripple Labs and headquartered in New York with a specialized governance board.
  • Federal Reserve master account access will enable Ripple to reduce settlement costs and improve transaction efficiency.

Conclusion

Ripple’s application for a national trust bank charter and Federal Reserve master account represents a strategic effort to enhance its RLUSD stablecoin infrastructure and align with U.S. regulatory standards. This move is expected to streamline payment operations and foster greater trust in Ripple’s digital asset ecosystem, positioning the company for sustained growth in the evolving crypto landscape.


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