Ripple’s Daring Dance with the Fed: Will RLUSD Reveal Its True Colors?
In a theatrical flourish reminiscent of a grand Victorian unveiling, Ripple has advanced its ambitions for regulatory supremacy with an application to birth the Ripple National Trust Bank. With this audacious move, it craves a deeper plunge into the comforting bosom of federal supervision. The entangled tale unfolds as the blockchain virtuosos officially submitted their grand ambitions to the U.S. Office of the Comptroller of the Currency (OCC) earlier this very month, invoking the hallowed control number 2025-Charter-342347. The magnificent institution—Ripple National Trust Bank—shall make its courtly home at none other than 111-119 W. 19th Street, 6th floor, in the illustrious conurbation of New York City, under the watchful eye of charter number 25364.