Regulation· ★★★★· bullish·

Ripple wins OCC trust charter, taps Robinhood and BNY as Bessent vows CLARITY Act workaround

  • —OCC granted Ripple final approval for a national trust bank to manage RLUSD reserves
  • —Ripple infrastructure will power both customer-facing and back-end operations at Robinhood
  • —BNY partnership expands to custody and tokenized trade finance on RLUSD and XRP
  • —Bessent: Treasury will convene SEC and CFTC to fill gaps left by CLARITY Act
Why it matters: Ripple is repositioning from cross-border payments to a regulated dollar stack; how much activity lands on the XRP Ledger is the open question.
#XRP
Source: Cryptonews.net
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