Ripple May Access U.S. Banking System as OCC Expands Trust Bank Services
The U.S. Office of the Comptroller of the Currency (OCC) has expanded the range of services companies can offer under a national trust charter, potentially opening the door for crypto firms like Ripple to gain fuller access to traditional banking infrastructure. That regulatory shift, announced Friday, signals more flexibility for entities seeking national trust bank status and could shorten the path toward bank-like capabilities for custody, settlements, and fiat on‑ramps.
For Ripple and others aiming for trust bank charters, the change matters because it could strengthen their ability to integrate with payment rails and institutional counterparties, while offering clearer legal footing for certain custody and payments functions. Any practical impact on XRP liquidity or adoption will depend on subsequent approvals, implementation details, and how quickly firms convert the new permissive framework into operational banking services.