Ripple Announces Crucial Regulatory Approval in the US: What It Means for XRP
Key Highlights: Ripple has secured approval to establish Ripple National Trust Bank, allowing the firm to provide specific banking services under federal supervision. The new entity will act as a collateral trustee, oversee reserves for the U.S. dollar-pegged stablecoin $RLUSD, and offer digital asset custody for institutional clients. Issuance of $RLUSD remains under New York ...