On October 26, the Office of the Comptroller of the Currency granted final approval to Ripple National Trust Bank, enabling Ripple to establish a nationally supervised trust bank. The institution will manage the segregated reserves backing Ripple USD, act as collateral trustee for RLUSD holders, and provide federally supervised digital asset custody services. This structure creates opportunities for Ripple to serve businesses requiring regulated infrastructure for payments, trading, and treasury management. RLUSD will not, however, change issuers, as Standard Custody & Trust Company will continue to issue it, and the approval does not turn the trust bank into a full-service commercial bank.
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