Ripple Receives Final US Approval for National Trust Bank
Ripple gains regulatory clearance to operate a national trust bank, enabling it to manage reserves for its RLUSD stablecoin and offer digital asset custody services.
Ripple gains regulatory clearance 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 $1.00. This is an original TLT brief based on reporting by Cointelegraph, with live market data added, as of Tue, 27 Oct 2026 01:45:03 UTC.
This approval marks a significant regulatory milestone for Ripple, allowing it to expand its stablecoin operations and provide institutional-grade custody services, potentially increasing its influence in the digital asset ecosystem.
- Ripple approved to operate a national trust bank in the US.
- RLUSD stablecoin reserve management and digital asset custody enabled.
- Ripple's market cap stands at $2.58B with RLUSD at $2.57B circulating supply.
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- Ripple Receives Final US Approval for National Trust Bank — this brief
Ripple has secured final approval from US regulators to operate a national trust bank, according to Cointelegraph. This development enables Ripple to manage the reserves backing its RLUSD stablecoin, which currently has a circulating supply of $2.57 billion as reported by DeFiLlama.
The approval also allows Ripple to provide digital asset custody services, which could attract more institutional clients seeking secure storage solutions for their crypto assets. This move is expected to strengthen Ripple's position in the stablecoin market and expand its range of financial services.
The news comes at a time when the total crypto market cap is at $2.75 trillion, with the overall market showing a flat trend. 
Bitcoin's price has remained relatively stable, with a 24-hour change of -0.04%, while the Fear & Greed Index stands at 48, indicating a neutral market sentiment.
Ripple's native token, XRP, has also seen minimal price movement, with a 24-hour change of -0.02% and a 7-day change of +0.00%. The approval for the national trust bank could potentially influence XRP's price dynamics in the future as Ripple's operations expand.
The development underscores Ripple's commitment to compliance and its strategic focus on building a robust financial infrastructure. Investors and market participants will be watching for Ripple's next steps in leveraging this approval to enhance its service offerings and market presence.
Since this brief published about 2 hours ago, Ripple USD (RLUSD) has moved from $1.00 to $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 TLT'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 ≈ ₦1,383.96 (about $1.00), down 0.0% over 24 hours. The naira itself trades about 1.8% above the official rate on the P2P market, so a Nigerian 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.
TLT 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 Final US Approval for National Trust Bank — questions & answers
What does Ripple's national trust bank approval allow?
The approval enables Ripple to manage RLUSD stablecoin reserves and offer digital asset custody services.
How much is RLUSD's circulating supply?
RLUSD 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 naira today?
About ₦1,383.96 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.00. The naira price moves with both RLUSD's US-dollar price and the USDT/NGN rate; use our Ripple USD in naira page for any amount.
Which outlets reported this story?
This is an original TLT 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 TLT 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.