The Office of the Comptroller of the Currency has granted final approval to Ripple National Trust Bank, a New York-based national trust bank whose proposed charter number is 25364. The institution will manage reserves for the RLUSD stablecoin and provide enterprise crypto custody and fiduciary services, but it will not accept deposits or make loans. This final authorization follows conditional approval on December 12, 2025, alongside similar approvals for Circle, Paxos and BitGo. With RNTB in place, RLUSD reserve management will fall under the joint oversight of the OCC and the New York Department of Financial Services under the framework established by the GENIUS Act enacted in July 2025.
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