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The Office of the Comptroller of the Currency Conditionally Approves Ripple National Trust Bank Application

The Office of the Comptroller of the Currency Conditionally Approves Ripple National Trust Bank Application

BlockBeats News, December 13, the U.S. Office of the Comptroller of the Currency conditionally approved Ripple National Trust Bank’s application.

Ripple National Trust Bank is a proposed national trust bank under Ripple Labs Inc., focusing on trust and custody services to support Ripple’s digital asset business, particularly the issuance, management, and custody of its US dollar-pegged stablecoin, RLUSD (Ripple USD).

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