Ripple, a fintech company, has received final approval from the Office of the Comptroller of the Currency (OCC) to launch its own U.S. national trust bank, Ripple National Trust Bank (RNTB). Ripple CEO Brad Garlinghouse announced the approval on X late Monday. The RNTB will manage reserves for Ripple's RLUSD stablecoin and offer regulated custody services. Ripple first applied for the banking license in July 2025, receiving conditional approval in December before this week's full sign-off.