Ripple has received final approval from the Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank, a federally regulated national trust bank. The bank will be responsible for managing the reserves of its $2.6 billion market cap RLUSD stablecoin and providing digital asset custody services for businesses. This move marks a significant step for crypto companies in the traditional financial sector, despite ongoing controversy surrounding such licenses from some banking groups and politicians.