Ripple Receives US Approval for National Trust Bank Operations
Ripple has gained final approval to operate a national trust bank, enabling it to manage reserves for its RLUSD stablecoin and offer digital asset custody services.
Ripple has gained final approval to operate a national trust bank, enabling it to manage reserves for its RLUSD stablecoin and offer digital asset custody services. Ripple USD (RLUSD) is trading at ₹95.27 ($1.00). This is an original Token Times brief based on reporting by Cointelegraph, with live market data added, as of Tue, 27 Oct 2026 02:15:01 UTC.
This approval allows Ripple to directly manage the reserves backing its RLUSD stablecoin, potentially increasing transparency and trust in its stablecoin operations. It also positions Ripple to expand its institutional services through digital asset custody.
- Ripple approved for national trust bank charter in the US
- Will manage reserves for $2.57B RLUSD stablecoin
- Can now offer digital asset custody services
- Approval comes amid stablecoin market cap of $130B
- Cross River Bank Partners with Ripple to Integrate RLUSD Stablecoin
- Ripple's RLUSD Stablecoin to Enter U.S. Banking System via Cross River Bank
- Cross River Bank Integrates Ripple's RLUSD Stablecoin
- Ripple Receives US Approval for National Trust Bank Operations — this brief
Ripple has secured final approval from US regulators to operate a national trust bank, according to Cointelegraph. This development allows Ripple to directly manage the reserves backing its RLUSD stablecoin, which currently has a circulating supply of $2.57 billion according to DeFiLlama.
The approval also permits Ripple to offer digital asset custody services, expanding its institutional offerings. This move comes as the total crypto market cap stands at $2.75 trillion, with the overall market showing a relatively flat trend over the past 24 hours.
The 
Bitcoin price has remained nearly unchanged in the past day, with a slight decrease of 0.04%, while the Fear & Greed Index sits at 48, indicating a neutral market sentiment. The RLUSD stablecoin, which will be directly impacted by this development, is currently priced at $1 with minimal price movement.
Ripple's entry into the national trust bank space could enhance its competitive position in the stablecoin market, which has a total market cap of approximately $130 billion. The ability to manage its own reserves could provide Ripple with greater control over the stability and transparency of its stablecoin.
This development is likely to be watched closely by market participants, particularly in the context of ongoing regulatory developments in the crypto space. The next key area to monitor will be how Ripple leverages this new capability to expand its institutional services and stablecoin offerings.
Since this brief published about 2 hours ago, Ripple USD (RLUSD) has moved from ₹95.27$1.00 to ₹95.27$1.00 — +0.00%.
The chart plots RLUSD's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 RLUSD ≈ ₹105 (about $1.00), down 0.0% over 24 hours. The rupee itself trades about 10.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple Receives US Approval for National Trust Bank Operatio — questions & answers
What does Ripple's trust bank approval allow it to do?
The approval enables Ripple to manage reserves for its RLUSD stablecoin and offer digital asset custody services.
How much is the RLUSD stablecoin's circulating supply?
The RLUSD stablecoin has a circulating supply of $2.57 billion according to DeFiLlama.
What is the current state of the crypto market?
The total crypto market cap is $2.75 trillion with a neutral market sentiment (Fear & Greed Index at 48).
How much is 1 Ripple USD worth in rupee today?
About ₹105 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.00. The rupee price moves with both RLUSD's US-dollar price and the USDT/INR rate; use our Ripple USD in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.