Ripple clears final OCC move for National Trust Bank Ripple CEO Brad Garlinghouse has announced that the US OCC has granted final approval to Ripple National Bank, enabling a federally regulated platform for the RLUSD stablecoin and custody of digital assets. The approval is seen as a significant step to integrate innovation in digital assets into the US banking system, with Edva emphasizing the importance of compliance with regulation and supervision. The new Ripple Bank will manage reserves for RLUSD and facilitate transactions, with plans to connect businesses to financial services through a single API, though operational details and timelines remain undefined.