--- title: "Ripple gains final OCC approval for national trust bank" description: "Ripple's CEO Brad Garlinghouse said on X that the Office of the Comptroller of the Currency granted final approval to Ripple National Trust Bank, CoinDesk reported. The bank will manage reserves backing Ripple's RLUSD stablecoin, which CoinDesk said has grown to a market value of about $2.5…" language: en canonical: "https://whycoinmoves.com/en/events/ripple-ripple-wins-final-us-approval-cf0add20fdc526" published: 2026-10-27T00:14:57.000Z updated: 2026-10-27T04:39:02.000Z indexable: true --- # Ripple gains final OCC approval for national trust bank Ripple's CEO Brad Garlinghouse said on X that the Office of the Comptroller of the Currency granted final approval to Ripple National Trust Bank, CoinDesk reported. The bank will manage reserves backing Ripple's RLUSD stablecoin, which CoinDesk said has grown to a market value of about $2.5… Attributed sources: [Cointelegraph](), [The Block](), [CoinDesk]() ## Key facts Ripple's CEO Brad Garlinghouse said on X that the Office of the Comptroller of the Currency granted final approval to Ripple National Trust Bank, CoinDesk reported. The bank will manage reserves backing Ripple's RLUSD stablecoin, which CoinDesk said has grown to a market value of about $2.5 billion, and offer regulated custody services. The Block reported issuance stays with Ripple's New York-regulated entity. Evidence strength: Multiple publishers, 3 publisher group(s) (Cointelegraph, The Block, CoinDesk). After site detection, observed returns were 5 minutes: -0.03% (difference from BTC +0.06 pp; 27/10/2026, 00:14 → 27/10/2026, 00:20, UTC; Gate · USDT); 1 hour: -0.19% (difference from BTC -0.22 pp; 27/10/2026, 00:14 → 27/10/2026, 01:14, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 2.11% (OKX · USDT; cutoff 27/10/2026, 00:14, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.03% | -0.09% | +0.06 pp | 27/10/2026, 00:14 → 27/10/2026, 00:20 | Gate · USDT | | 1 hour | -0.19% | +0.03% | -0.22 pp | 27/10/2026, 00:14 → 27/10/2026, 01:14 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.24% | | 99th percentile of absolute hourly returns | 2.11% | | BTC beta | 1.43 | | Source / cutoff (UTC) | OKX · USDT / 27/10/2026, 00:14 | ## Claims and open questions - CoinDesk reported that Ripple CEO Brad Garlinghouse announced on X that the OCC approved Ripple National Trust Bank, and that Ripple first applied in July 2025, receiving conditional approval that December. - CoinDesk reported that the bank will manage and act as trustee for RLUSD reserves and offer regulated custody, while RLUSD is still issued by Ripple's New York-regulated Standard Custody & Trust Company. - The Block reported that the approval places reserve management and custody under federal supervision while leaving issuance with the New York-regulated entity. - What start date and initial scope the OCC's final approval sets for Ripple National Trust Bank's operations, which an OCC order or Ripple statement would confirm. - Whether RLUSD's reserve arrangements with BNY, which CoinDesk said holds most of the reserves, change under federal supervision, which Ripple or BNY disclosures would confirm. ## Source evidence - [Ripple wins final US approval for national trust bank]() — Cointelegraph; published 27/10/2026, 00:06; received 27/10/2026, 00:14 (UTC). - [Ripple gains final OCC approval to launch national trust bank and bring RLUSD under federal oversight]() — The Block; published 27/10/2026, 02:28; received 27/10/2026, 02:28 (UTC). - [Ripple gets a final go-ahead to launch its own U.S. national trust bank]() — CoinDesk; published 27/10/2026, 04:28; received 27/10/2026, 04:32 (UTC). ## Recent XRP events and market reactions - [Aviva Investors lists tokenized share class of sterling fund on XRP Ledger]() — Published 26/10/2026, 11:34 (UTC) · Multiple publishers (2 publishers) · General news · 5m +0.16% / 1h +0.69% - [XRP Ledger sets bug-fix patch to activate while lending feature awaits validator votes]() — Published 19/10/2026, 20:46 (UTC) · Multiple publishers (2 publishers) · General news · 1h -0.12% - [Full coin archive]() ## Recent General news events on other coins - [BTC: South Korea weighs fourth delay of 22% crypto tax to 2029]() - [BTC: Strategy pauses bitcoin purchases, spends $204.9 million buying back STRC]() - [BTC: Strive buys 6,182 bitcoin for $511.4 million, lifting holdings to 43,000 BTC]() - [General news]() ## Research for this archive - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Do XRP and Solana ETF flows move the price? First-year data]() - [Best time to trade crypto: volatility by hour and time zone]() - [Does high trading volume predict crypto volatility? 41 coins tested]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()