Ripple has secured final US regulatory approval from the Office of the Comptroller of the Currency (OCC) to establish its federally supervised national trust bank, Ripple National Trust Bank (RNTB), a major milestone for the company's institutional goals. This approval, coming approximately 10 months after conditional approval in December 2024, allows RNTB to manage reserves for its RLUSD stablecoin, serve as a collateral trustee, and offer digital asset custody services to institutional clients. Ripple CEO Brad Garlinghouse stated that this development demonstrates how digital assets can be integrated into the existing financial system. Despite this regulatory breakthrough, XRP's price did not rally, hovering between $1.30 and $1.31, as the development is primarily related to Ripple's stablecoin and institutional custody services, not direct XRP demand. The company's RLUSD stablecoin has grown to a market cap of around $2.5 billion since its launch in December 2024. This news comes ahead of Ripple's Swell 2026 conference in New York City, scheduled for October 27–29.