Ripple announced on Monday that it received final authorization from the Office of the Comptroller of the Currency to operate a national trust bank. The decision completes a federal chartering path for Ripple National Trust Bank, which previously earned conditional consent from the agency in December 2025. Following the announcement on October 27, 2026, XRP traded at $1.30.
The regulatory approval allows the entity to handle backing reserves for its RLUSD stablecoin. Furthermore, the national trust charter gives Ripple official permission to deliver digital asset custody services.
The broader market reflected prices such as Bitcoin at $80,183.59, Ethereum at $2,326.60, Solana at $100.97, and Cardano at $0.2068. The report detailing the regulatory milestone was authored by Felix Ng and edited by Yohan Yun.
For traders holding active perpetual futures contracts on Bybit, Bitget, MEXC, or OKX, this regulatory milestone changes nothing directly about current positions. Swap fees, order book liquidity, and funding rates across these exchanges remain tied to active market leverage rather than bank charters.
Source: cointelegraph — Ripple wins final US approval for national trust bank