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.