Ripple Wins Final Approval to Establish Its Own U.S. Bank, Placing RLUSD Stablecoin Under Federal Oversight
Photo: ZyCrypto
Ripple has scored a major regulatory victory in the United States after securing final approval from the Office of the Comptroller of the Currency (OCC) to establish a federally regulated national trust bank. The milestone marks a significant step forward for the blockchain payments giant as it expands its footprint in the U.S. financial system and strengthens its push into cross-border payments and asset tokenization. Ripple CEO Brad Garlinghouse broke the news in an X post late Monday, revealing that the Office of the Comptroller of the Currency (OCC), the federal agency responsible for supervising national banks, had granted approval…
Source: ZyCrypto
