The U.S. Office of the Comptroller of the Currency (OCC) has granted Ripple final approval to establish Ripple National Trust Bank, according to an announcement by CEO Brad Garlinghouse on Monday. The approval follows the regulator's conditional approval in December 2025.
The charter provides Ripple with a federally supervised platform to support its RLUSD stablecoin and offer digital asset custody banking services to enterprise customers. National trust banks focus on custody and fiduciary services rather than traditional deposit and lending services.
The development positions Ripple alongside other blockchain firms including Circle, BitGo, and Fidelity Digital Assets in operating federally regulated trust banking operations.
Services and Integration Plans
The national trust bank will assist Ripple's RLUSD stablecoin by offering federally supervised custody and reserve-related services. Ripple previously detailed plans to run segregated reserves and serve as collateral trustee. The company has not announced an opening date for the trust bank to begin serving customers.
The approval complements Ripple's recent expansion of institutional services, including the launch of a 24/7 corporate treasury platform on Monday that integrates cash management, payment processing, and liquidity solutions. The company also launched a 24/7 Returns feature enabling eligible enterprises to receive returns on eligible RLUSD holdings.
XRP Ledger Expansion
Ripple has been building partnerships to expand presence on the XRP Ledger through tokenized financial products and digital asset services. Aviva Investors launched a tokenized share class for its Sterling Liquidity Fund on the network.
The trust bank approval is expected to be highlighted at Ripple Swell 2026 in New York, where the company is expanding its institutional financial services offerings.
