š° Breaking News
Ripple's Conditional Approval: A Step Forward for RLUSD š
The U.S. Office of the Comptroller of the Currency (OCC) has granted Ripple conditional approval to charter its National Trust Bank.
**Federal Oversight and Supervision**
This decision places RLUSD, a stablecoin, under both state and federal supervision, providing a clear regulatory framework for its operations.
**New Opportunities Ahead**
Once OCC conditions are fully met, Ripple may offer custody and payment services, expanding its offerings in the market.
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