Ripple's RLUSD expansion and OCC trust bank approval reportedly announced at Swell

Swell announcements reportedly included Coinbase distribution of Ripple's RLUSD and a Robinhood partnership involving institutional settlement on XRPL.

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TLDR

The reported Swell announcements included final OCC approval for Ripple's federally supervised trust bank, Moody's A2 long-term and P-1 short-term ratings for RLUSD, and a $900 million annualized product-revenue run rate disclosed by Ripple. They also included Coinbase distribution of RLUSD across retail, exchange and Prime, and BNY's expanded custody support for XRP and RLUSD.

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2 Sources, first seen 2h ago