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Crypto & Bitcoin

Weekly Project Updates: Ripple Approved for U.S. National Trust Bank, Pump Fun Adds Hyperliquid Perpetuals, ENSv2 Goes Live, etc

Reported by WuBlockchain, Wu Blockchain

Image: Wu Blockchain

Brad Garlinghouse, CEO of Ripple, stated that the Office of the Comptroller of the Currency (OCC) has formally approved Ripple National Trust Bank, enabling Ripple to support its stablecoin RLUSD through a federally regulated banking platform and provide digital asset custody services for enterprises. Ripple announced a partnership with Coinbase. RLUSD is now live on Coinbase Prime, Coinbase Exchange and retail applications. It supports the 1:1 conversion of US dollars and other supported US dollar-denominated stablecoins into RLUSD. It will later be available on Coinbase Global Exchange, including support for RLUSD as collateral.

This is an excerpt. The reporting belongs to Wu Blockchain.

Read the full report on wublock.substack.com

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