Ripple Chooses BNY for Stablecoin Custodian as RLUSD Reaches $500 Million
Ripple’s CEO said the tie-up with BNY Mellon represents how regulatory headwinds are no longer a reality for the firm.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Ripple Receives Final OCC Trust Bank Approval as RLUSD Expands
TL;DR: Ripple said on October 26 that the Office of the Comptroller of the Currency had granted final approval to charter Ripple N...
Crypto Midterm Election Spending Reaches $176 Million as Industry Builds for the Next Congress
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Ripple Wins Final OCC Trust Bank Approval, Putting $2.5B RLUSD Under Federal Oversight
Key Takeaways: Ripple received final OCC authorization for its national trust bank. The bank will back up both reserves (RLUSD) an...
Ripple Gets Final Federal Approval for a Trust Bank to Manage Its Stablecoin’s Reserves
Ripple announced on Oct. 26 that its trust bank has received its final federal charter, creating a federally supervised entity to...
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.
Brad Garlinghouse Announces Final OCC Approval for Ripple National Trust Bank
The decision completes a regulatory process that began with conditional approval in December 2025. The new charter is expected to...