# Ripple receives final approval for US national trust bank

_Published Friday, October 30, 2026 at 2:19 PM EDT · Policy, Products · Latest · Tier 2 — Notable_

![Ripple receives final approval for US national trust bank — Primary](https://s3-images.ctmedia.io/media/article-covers/2026/10/01M66WK9FWJATF4KMADN8DRH10/hi-will-googles-quantum-supremacy-break-bitcoin-in-2022.jpg)

Ripple received final approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, Cointelegraph reported. The decision clears the final regulatory hurdle following conditional approval in December 2025.

Ripple National Trust Bank will operate under federal supervision, manage reserves backing RLUSD, act as a collateral trustee for tokenholders and provide digital asset custody. Standard Custody & Trust Company will continue issuing RLUSD under New York regulation. National trust banks generally cannot accept deposits or issue loans and do not carry Federal Deposit Insurance Corporation coverage.

## Sources

- [Cointelegraph](https://cointelegraph.com/news/bitcoin-quantum-threat-ripple-bank-usdc-vaneck-crypto-biz)

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Canonical: https://techandbusiness.org/newswire/DLwUgDKni7RrOC_Khw174c
Published: 2026-10-30T18:19:20.210Z
Story chronology: 2026-10-30T17:09:31.274Z
Retrieved: 2026-10-30T21:08:03.082Z
Publisher: Tech & Business (techandbusiness.org)