Ripple CEO Brad Garlinghouse announced the final OCC approval on X, less than a year after conditional approval was granted on Dec. 12, 2025, following an initial application filed in July 2025. Ripple National Trust Bank will manage RLUSD's segregated reserves, act as collateral trustee for holders, and offer enterprise digital asset custody. RLUSD, launched in December 2024, has reached a $2.5 billion market capitalization. Issuance remains with NYDFS-regulated Standard Custody & Trust Company. The approval follows similar OCC charters for Circle and BitGo, with Coinbase, Crypto.com, and World Liberty Financial receiving conditional approvals.

AI summary of the linked source — not editorial content.

Story signal · via Elfa

as of

Market since publication

TradersTrader calls tracked by Elfa · not advice

Positioning

Open342 open positions · 305 long · 37 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 27 Oct 05:36 UTC.

Whole crypto market, not this story

Crowding0th percentile · vs last 28 days, 50 typical
Pulse 24h40/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.1% long · 10,752 accounts

As of 27 Oct 05:35 UTC.

Social-monitoring data, not investment advice Elfaas of

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