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CryptoMediumUpdated•Originally published 6 March 2026•Updated 6 March 2026•
1 min read

Ripple Secures Conditional Approval for RNTB Charter and Expands RLUSD Operations

Key Facts

1Ripple is undergoing the final review by the Office of the Comptroller of the Currency (OCC) for a national trust bank charter.
2The move comes amid growing stablecoin activity and expanded U.S. regulatory oversight of the crypto sector.

Ripple has secured conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a new entity named Ripple National Trust Bank (RNTB). This strategic milestone brings the company closer to operating a federally regulated entity within the United States, enhancing its regulatory legitimacy. The newly formed RNTB is expected to focus on providing institutional custody services and managing reserves for the RLUSD stablecoin. Since March, Ripple has already minted 98 million RLUSD tokens for deployment on the Ethereum and XRP Ledger networks. This move is designed to align Ripple’s operations with strict federal oversight while fostering greater institutional adoption of digital assets. Analysts believe the conditional approval provides a clearer regulatory path for Ripple and its native token, XRP, in an evolving financial landscape.