Ripple secures full federal charter for its trust bank

Ripple announced on Monday that the OCC has granted final approval to its national trust bank, finishing a process that began with conditional clearance back in December 2025. The move gives the entity clear federal authority.

Under the new charter the bank can oversee reserves backing RLUSD, serve as collateral trustee for token holders, and offer digital-asset custody. Issuance of the stablecoin itself remains with the New York-regulated Standard Custody & Trust.

CEO Brad Garlinghouse highlighted the milestone on X, stressing the value of combining crypto operations with federal oversight. Ripple now joins Circle as the second firm to clear this hurdle, while Coinbase, Crypto.com and Bridge still hold only preliminary approvals.

Based on information from cryptonews.net