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Ripple gets US national trust bank approval but XRP price stays flat

Market News
27 Oct 2026, 09:14 WIB
UToday
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Neutral
Ripple gets US national trust bank approval but XRP price stays flat

Ripple has received final approval from the US Office of the Comptroller of the Currency to establish a federally supervised national trust bank. This allows Ripple National Trust Bank to manage reserves for its RLUSD stablecoin and offer custody services to institutional clients. The approval marks a major regulatory milestone for Ripple's institutional ambitions ahead of its Swell 2026 conference. Despite this progress, XRP's price remained stable, as the development mainly impacts Ripple's stablecoin and custody services rather than direct XRP demand.

XRP trades at Rp23.526 with a 1.58% gain on Pluang as of Oct 27, 2026 13:31 WIB, showing modest price movement despite Ripple's major US banking approval. The platform records a market cap of Rp1.491,84T and a 24-hour trading volume of Rp28,86T for XRP. This stable price trend aligns with the news that the approval mainly affects Ripple's stablecoin and custody services rather than direct XRP demand.

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