Ripple Secures OCC Charter as RLUSD Expands

Ripple secured final approval from the Office of the Comptroller of the Currency (OCC) for the Ripple National Trust Bank, closing out an organization process that began with conditional approval in December 2025, according to YahooStocks0. The authorized activities include managing segregated reserves backing Ripple USD ($RLUSD), acting as a collateral trustee for those reserves, and providing fiduciary digital asset custody.

Weekly Expansion and Partnerships

The federal charter announcement kicked off a busy week of integrations. On Tuesday, BNY expanded its custody platform to support $XRP and $RLUSD, aiming to allow clients to mint and redeem the stablecoin directly. Robinhood added $RLUSD to Robinhood Chain and Bitstamp by Robinhood, alongside deploying Ripple Treasury for its global operations. On Wednesday, Coinbase listed $RLUSD across Prime, Exchange, and its retail app with 1:1 dollar conversion and deposits across the XRP Ledger, Base, and Ethereum.

Revenue and Market Capitalization

According to the company's announcements during the week, Ripple is on track to exit 2026 with $900 million in annualized product revenue, following more than $16 trillion in transactions enabled across its products in 2025. The market capitalization of $RLUSD was cited at various points during the week between $2.5 billion and $2.6 billion, up more than 88% year to date.

Key facts

• The OCC granted final approval for Ripple National Trust Bank on October 26, 2026.
• BNY was named primary reserve custodian for $RLUSD.
• Coinbase added $RLUSD support across its Prime, Exchange, and retail platforms.
• Ripple reported a track of $900 million in annualized product revenue for 2026.