Regulation● Neutral

Ripple wins final U.S. approval to launch its national trust bank

TradingGain Newsroom·3d ago·27 Oct 2026, 04:28 UTC

The Office of the Comptroller of the Currency has approved Ripple National Trust Bank, which clears the way for Ripple to launch it. Ripple CEO Brad Garlinghouse shared the news on X. Traders may see it as a sign that a major crypto firm is moving into the regulated U.S. banking system.

XRPAt the time of writing, XRP traded at $1.30 (+1.33% in 24h).Live price →

Why it matters

The U.S. Comptroller of the Currency gave the final go-ahead for Ripple's trust bank.
Ripple's CEO confirmed the approval publicly on X.
Regulated bank status for a crypto firm may signal clearer U.S. rules for the sector.

What to watch next

Watch for Ripple's launch date for the trust bank and any further comments from U.S. banking regulators.

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This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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