Ripple Secures Final US Sign-Off for National Trust Bank
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Ripple has received final US approval for a national trust bank, opening a path to oversee RLUSD reserves and offer digital asset custody.
Ripple has secured final approval in the United States for a national trust bank, according to Cointelegraph.
The authorization allows Ripple to oversee the assets held in reserve to back RLUSD, its stablecoin.
Digital asset custody is also covered by the approval, giving Ripple a path to provide safekeeping services alongside reserve management.
Source: Cointelegraph
