{"id":78083,"date":"2026-09-12T23:48:13","date_gmt":"2026-09-12T23:48:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ripple-breaks-down-stablecoin-rules-as-institutions-evaluate-rlusd\/"},"modified":"2026-09-12T23:48:13","modified_gmt":"2026-09-12T23:48:13","slug":"ripple-breaks-down-stablecoin-rules-as-institutions-evaluate-rlusd","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ripple-breaks-down-stablecoin-rules-as-institutions-evaluate-rlusd\/","title":{"rendered":"Ripple Breaks Down Stablecoin Rules as Institutions Evaluate RLUSD"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ripple outlined how stablecoin licenses differ in holder protections.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">RLUSD\u2019s proposed federal trust bank still requires final approval.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">CFTC collateral eligibility differs from ongoing issuer supervision.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Ripple Explains the Rules Behind RLUSD<\/h2>\n<p>Protections for stablecoin holders depend on the issuer\u2019s actual license, reserve requirements, and supervision, Ripple <a href=\"https:\/\/ripple.com\/insights\/what-actually-makes-a-stablecoin-regulated-a-guide-for-institutions-evaluating-rlusd\/\" target=\"_blank\" rel=\"noopener noreferrer\">argued in a Sept. 11 blog post<\/a>. The digital asset infrastructure company outlined how money transmitter licenses, state trust charters, and federal supervision differ as institutions assess stablecoin Ripple USD (RLUSD) for payments, settlement, and treasury operations.<\/p>\n<p>This distinction affects how dollar-backed tokens maintain their backing and how holders can exchange them for cash. Such stablecoins <a href=\"https:\/\/www.bitcoin.com\/get-started\/altcoins-and-tokens\/stablecoins\/what-are-stablecoins\/\" target=\"_blank\" rel=\"noopener noreferrer\">typically use reserves to support their dollar value<\/a>, but reserve quality and redemption arrangements influence their risks. Ripple stated:<\/p>\n<blockquote>\n<p>\u201cA money transmitter license, a state trust charter, and prudential supervision by a banking regulator all involve government oversight, but they carry different capital requirements, different reserve rules, and different consequences if an issuer fails.\u201d<\/p>\n<\/blockquote>\n<p>RLUSD is issued by Ripple subsidiary Standard Custody &amp; Trust Company under a New York Department of Financial Services limited-purpose trust charter. Its framework includes segregated reserves and independent attestations, which examine reserve disclosures. Ripple <a href=\"https:\/\/ripple.com\/ripple-press\/ripple-selects-bny-to-custody-ripple-usd-reserves\/\" target=\"_blank\" rel=\"noopener noreferrer\">selected BNY as primary reserve custodian<\/a> in July 2025 and said it would also use the transaction banking services of The Bank of New York Mellon Corp. (NYSE: BK).<\/p>\n<h2>Federal Bank Approval Remains Conditional<\/h2>\n<p>The proposed federal component would give a separate Ripple trust bank responsibilities involving reserves backing the stablecoin. Ripple received <a href=\"https:\/\/news.bitcoin.com\/ripple-national-trust-bank-receives-conditional-approval-in-massive-step-for-rlusd\/\">conditional approval to establish Ripple National Trust Bank<\/a> in December 2025. Its Sept. 11 explanation describes that decision as an intermediate step, with the federal chartering process still subject to completion.<\/p>\n<p>The Office of the Comptroller of the Currency\u2019s <a href=\"https:\/\/www.occ.gov\/news-issuances\/news-releases\/2025\/nr-occ-2025-125b.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">approval letter<\/a> specifies that authorization to begin business depends on satisfying all preopening requirements. The proposed bank would manage RLUSD\u2019s segregated reserves on a directed basis and perform collateral trustee services for holders. Standard Custody would remain the issuer under New York supervision, while the separate bank would assume its approved federal responsibilities.<\/p>\n<p>More broadly, the chartering push also involves other digital asset businesses seeking federal supervision for trust and custody activities. Ripple\u2019s was <a href=\"https:\/\/news.bitcoin.com\/circle-ripple-bitgo-fidelity-and-paxos-conditionally-approved-for-national-trust-banks\/\">one of five crypto-related trust bank applications<\/a> the OCC conditionally approved on Dec. 12, 2025, alongside institutions associated with Circle, Bitgo, Fidelity, and Paxos. Those decisions included both new bank applications and conversions of existing state trust companies.<\/p>\n<h2>CFTC Collateral Rules Serve a Separate Purpose<\/h2>\n<p>The treatment of stablecoins as trading collateral raises a separate regulatory question from supervision of their issuers. The Commodity Futures Trading Commission (CFTC) <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9146-25\" target=\"_blank\" rel=\"noopener noreferrer\">announced a digital assets collateral pilot<\/a> on Dec. 8, 2025. Its staff no-action position allows futures commission merchants, intermediaries handling customer derivatives accounts, to accept qualifying digital assets as margin collateral under specified conditions.<\/p>\n<p>Ripple characterized the staff position as conditional relief governing collateral treatment, rather than an endorsement or ranking of stablecoins. A no-action position means staff will not recommend enforcement over specified conduct when its conditions are met. Participating firms face reporting and risk-management obligations; those requirements address how collateral is handled within derivatives accounts.<\/p>\n<p>Institutional use of blockchain-based cash also extends to bank deposits, with Ripple Prime participating in BNY\u2019s tokenized deposit rollout. In January, Ripple identified its prime brokerage business as an <a href=\"https:\/\/news.bitcoin.com\/ripple-and-bny-signal-shift-as-institutional-cash-moves-on-chain\/\">early adopter of BNY\u2019s tokenized deposit services<\/a>. The service mirrors participating customers\u2019 deposit balances on a private blockchain, with initial applications focused on collateral and margin workflows.<\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: Ripple Pushes Full XRPL Stack as Tokenized Assets Expand\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/ripple-pushes-full-xrpl-stack-as-tokenized-assets-expand\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Ripple Pushes Full XRPL Stack as Tokenized Assets Expand<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Ripple is building issuance, stablecoin, trading, custody, and credit infrastructure as financial institutions adopt tokenized assets. Its XRPL ecosystem links\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Ripple Pushes Full XRPL Stack as Tokenized Assets Expand\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/ripple-pushes-full-xrpl-stack-as-tokenized-assets-expand\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Ripple Pushes Full XRPL Stack as Tokenized Assets Expand\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Ripple Pushes Full XRPL Stack as Tokenized Assets Expand<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Ripple is building issuance, stablecoin, trading, custody, and credit infrastructure as financial institutions adopt tokenized assets. Its XRPL ecosystem links\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Ripple Pushes Full XRPL Stack as Tokenized Assets Expand\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/ripple-pushes-full-xrpl-stack-as-tokenized-assets-expand\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Ripple Pushes Full XRPL Stack as Tokenized Assets Expand\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fripple-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Ripple Pushes Full XRPL Stack as Tokenized Assets Expand<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Ripple is building issuance, stablecoin, trading, custody, and credit infrastructure as financial institutions adopt tokenized assets. Its XRPL ecosystem links\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/ripple-breaks-down-stablecoin-rules-as-institutions-evaluate-rlusd\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Ripple outlined how stablecoin licenses differ in holder protections. RLUSD\u2019s proposed federal trust bank still requires final approval. CFTC collateral eligibility differs from ongoing issuer supervision. Ripple Explains the Rules Behind RLUSD Protections for stablecoin holders depend on the issuer\u2019s actual license, reserve requirements, and supervision, [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":78084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78083"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78083"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78084"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}