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U.S. OCC Grants Conditional Approval to Ripple National Trust Bank for RLUSD Services

Ripple National Trust Bank received conditional approval from the U.S. Office of the Comptroller of the Currency on Dec. 13, BlockBeats reports. The proposed national trust bank, under Ripple Labs Inc., will provide trust and custody services supporting Ripple's digital asset business, focusing on the issuance, management, and custody of Ripple's U.S. dollar stablecoin RLUSD.
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