Ripple has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish the Ripple National Trust Bank, marking a major regulatory milestone for the company. The approval, granted on December 12, 2025, allows Ripple to manage reserves for its RLUSD stablecoin under a federal supervisory framework.
Ripple CEO Brad Garlinghouse described the move as a significant step toward setting higher standards for stablecoin compliance, transparency, and oversight at both federal and state levels. The trust bank structure is expected to strengthen confidence in RLUSD by ensuring reserves are handled within a regulated banking environment.
This development reflects a broader shift in how U.S. regulators are engaging with crypto-native firms, especially those focused on payments and stablecoins. While the approval is conditional and subject to further requirements, it positions Ripple closer to traditional financial infrastructure and could support wider institutional adoption of RLUSD in the evolving digital finance landscape
