Ripple's new federally supervised national trust bank will manage reserves for the $2.6 billion RLUSD stablecoin and provide fiduciary digital asset custody for enterprise clients. Crucially, this does not replace existing state regulation; RLUSD remains issued by a New York-regulated entity, meaning the stablecoin now operates under a dual layer of oversight from both state authorities and the federal Office of the Comptroller of the Currency (OCC).