Ripple just got final OCC approval for Ripple National Trust Bank.
Federally supervised now to manage the segregated reserves behind RLUSD, act as collateral trustee for holders, and offer institutional digital-asset custody.
Issuance stays with the existing NYDFS-regulated entity, so RLUSD sits under both state and federal oversight.
“Crypto and banks work better together” in practice. Another piece of the regulated infrastructure stack moving from pitch deck to real charter. 🍿