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Jordan Lyanchev

Ripple Secures OCC Conditional Green Light to Charter Ripple National Trust Bank

Ripple CEO Brad Garlinghouse announced that the company has obtained conditional approval from the US Office of the Comptroller of the Currency to establish Ripple National Trust Bank, calling it a massive step forward for the firm. The move is framed as a key milestone for Ripple's RLUSD stablecoin under both federal and New York state oversight, while similar trust bank approvals or conversions have also involved Circle, BitGo, Fidelity, and Paxos.
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