01
Ripple just won final federal approval to open its own national trust bank.
02
The OCC approved Ripple National Trust Bank on October 26, 2026.
03
The process started in July 2025 and passed conditional approval in December 2025.
04
The new bank will hold RLUSD's reserves and act as collateral trustee for holders.
05
It cannot take deposits, make loans, or offer FDIC-insured accounts.
06
RLUSD itself keeps being issued by a separate New York trust company, not this bank.
07
Circle got the same kind of final approval for its own trust bank back in July 2026.
08
Coinbase, Crypto.com, and Bridge still only have conditional approval, not final.