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Ripple gets final OCC approval for national trust bank to oversee $2.5B RLUSD stablecoin reserves.

Market News
27 Oct 2026, 13:25 WIB
Coinpaper
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Neutral
Ripple gets final OCC approval for national trust bank to oversee $2.5B RLUSD stablecoin reserves.

Ripple has received final approval from the Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank, which will manage the reserves of its RLUSD stablecoin now valued at about $2.5 billion. This federal oversight enhances the stablecoin's reserve management without making Ripple a traditional retail bank. The bank will provide fiduciary custody services for digital assets but cannot engage in regular retail banking activities. Despite this regulatory milestone, XRP's price showed little immediate change, as the approval mainly affects institutional infrastructure rather than direct XRP demand.

XRP (Ripple) trades at Rp23.475 on Pluang as of Oct 27, 2026 17:42 WIB, showing a 0.81% gain in the last day. The market cap stands at Rp1.493,08 trillion with a 24-hour volume of Rp28,01 trillion. Despite the regulatory news, Pluang order activity remains mostly sell at 84%, with typical holders keeping XRP for 72 days.

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