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OCC grants Ripple final approval to open federally supervised Ripple National Trust Bank.

Market News
27 Oct 2026, 13:16 WIB
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Bullish
OCC grants Ripple final approval to open federally supervised Ripple National Trust Bank.

The Office of the Comptroller of the Currency (OCC) has given Ripple final approval to establish Ripple National Trust Bank, a federally supervised national trust bank. This follows a conditional approval from December 2025 and allows the bank to manage reserves backing Ripple's RLUSD stablecoin, act as collateral trustee, and offer fiduciary digital asset custody services. The stablecoin RLUSD will now be under both state and federal supervision, enhancing regulatory oversight. Despite this milestone, the OCC's crypto bank charters face legal challenges from community banks and criticism from Senator Elizabeth Warren, who argues these charters violate banking laws. Ripple plans to continue cooperating with regulators as the bank begins operations and the U.S. implements new stablecoin regulations under the GENIUS Act.

XRP, Ripple's native token, is priced at Rp23.400 on Pluang as of Oct 27, 2026 17:31 WIB, showing a modest 0.49% gain in the last day. The token's market capitalization stands at Rp1.493,08 trillion, reflecting significant investor interest. Trading volume remains active at Rp28,01 trillion over 24 hours, while most Pluang users are currently selling XRP, with 84% of orders as sell and 16% as buy.

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