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#Ripple National Trust Bank

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Ripple Announces $900 Million XRP Target
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Ripple Announces $900 Million XRP Target

Key Highlights: Ripple has secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank under federal supervision. The market capitalization of the firm’s dollar-pegged stablecoin, $RLUSD, has risen past $2.6 billion, marking an increase of over 88 percent since the start of the year. Ripple’s ...

Ripple Announces Crucial Regulatory Approval in the US: What It Means for XRP
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Ripple Announces Crucial Regulatory Approval in the US: What It Means for XRP

Key Highlights: Ripple has secured approval to establish Ripple National Trust Bank, allowing the firm to provide specific banking services under federal supervision. The new entity will act as a collateral trustee, oversee reserves for the U.S. dollar-pegged stablecoin $RLUSD, and offer digital asset custody for institutional clients. Issuance of $RLUSD remains under New York ...