Ripple Wins Final OCC Approval for Trust Bank Behind $2.6B RLUSD Stablecoin
The federally supervised bank will manage RLUSD's reserves and offer custody, as banking groups fight crypto charters in court.
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The federally supervised bank will manage RLUSD's reserves and offer custody, as banking groups fight crypto charters in court.
Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network.
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Developers initially rejected the change before reversing course, as testing delays gave them more time to examine a flaw in Ethereum's upcoming Glamsterdam upgrade.
Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already received.
CoinDesk · Oct 27, 2026
The Office of the Comptroller of the Currency has approved Ripple National Trust Bank (RNTB), Ripple's CEO Brad Garlinghouse announced on X.
The stablecoin payments company previously disputed reports that its US listing had been delayed.
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The approval clears the way for Ripple to manage reserves backing its RLUSD stablecoin and provide digital asset custody.
Ottawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers, while keeping the ban on paying holders interest.
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The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January
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