Finance2 sources

Ripple secures final US approval for national trust bank

  • Ripple has received final approval to operate a national trust bank in the US.
  • The approval allows Ripple to manage reserves backing its RLUSD stablecoin.
  • Ripple has updated its Ripple Treasury platform with new capabilities for global businesses.
  • Ripple Treasury now enables businesses to manage cash, liquidity, and payments around the clock.
  • Notable clients of Ripple Treasury include American Airlines, Trax, Christian Louboutin, Subway, Adecco, and Kingfisher.
Ripple secures final US approval for national trust bank | Split Angle