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That’s correct. The SEC is in discussions about custody, and once the custody framework has been green lighted, the path forward is much clearer for Ripple, Circle, Coinbase, paxos gold with the bank trust established.

12,859 views • 10 months ago •via X (Twitter)

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🌋 Today Is the Moment Crypto Became Part of U.S. Banking Today, the Office of the Comptroller of the Currency issued conditional approvals for national trust bank charters tied to crypto and digital assets, including Ripple, Circle, Fidelity Digital Assets, Paxos, and BitGo. The federal banking system is changing in real time. Two new national trust banks: • Ripple National Trust Bank • First National Digital Currency Bank (Circle) Three state trust companies converting to federal banks: • Fidelity Digital Assets • Paxos • BitGo A national trust bank is a federally chartered institution focused on custody, trust, and fiduciary services, not retail deposits. That places crypto custody and stablecoin infrastructure directly under OCC supervision, instead of fragmented state-by-state frameworks. Zoom out and the pattern is clear: • DTCC approved to tokenize DTC-custodied assets • OCC confirms banks can buy and sell crypto for clients • Stablecoins gain regulatory clarity • Now crypto trust banking goes federal One detail worth paying attention to: BitGo, now moving into the federal banking perimeter, is also a Hedera Governing Council member. That puts a federally regulated crypto custodian directly inside the governance of a public network already being used for enterprise and government use cases. At the same time, Hedera’s end-of-year community call brings together network leadership, council voices, and technical leads to discuss enterprise adoption, real-world deployments, and what scales next. From the filings: • Circle’s charter supports USDC reserve and collateral management • Ripple’s charter supports RLUSD and institutional digital asset custody Worth noting: Ripple Custody already supports multiple networks, including HBAR, SOL, ADA, BTC, ETH, XLM, and others. This is not about one chain. It’s not about hype or short-term price action. It’s about regulated financial plumbing being installed inside the U.S. banking system. Crypto isn’t knocking on the door anymore. It’s being wired into the foundation.

King Solomon (Ryan Solomon)

20,440 views • 7 months ago

🌹Interview with Jack McDonald🌹2025 CEO of Standard Custody & Trust • SVP, Stablecoins at Ripple • Co-Founder of PolySign alongside Arthur Britto🌹 Timestamps for the Video listed below 📝👇🏻🏛 P.S. This video has fewer than 100 views online, so I know it’s new for almost everyone. 💪🏻🔥. 0:50 — Founded PolySign with Arthur Britto. 0:57 — Founding of Standard Custody. 1:01 — Ripple acquires Standard Custody (February 2024). 1:20 — Why Ripple entered stablecoins and custody; overview of use cases. 1:40 — Discussion regarding Ripple and USDC participation. 2:40 — Acquisition of prime broker Hidden Road (2025). 3:12 — Hidden Road’s client base includes both traditional finance and crypto institutions. 4:15 — Ripple pledges $25 million to support teachers and classroom education on digital money. 4:46 — Forward-looking commentary on how the world may change over the next year. 🌹References PolySign (n.d.) PolySign – Official website. Available at: Standard Custody & Trust Company (n.d.) Standard Custody – Official website. Available at: New York State Department of Financial Services (2021) DFS grants charter to Standard Custody & Trust Company. Available at: Ripple (2024) Ripple announces acquisition of Standard Custody and Trust Company. Available at: Ripple (2024) Ripple to issue USD-backed stablecoin. Available at: Circle (2024) Now available: USDC on the XRPL. Available at: Hidden Road (2025) Ripple agrees to acquire prime broker Hidden Road. Available at: Hidden Road (n.d.) Hidden Road – Official website. Available at: Ripple (2024) Ripple pledges $25M to support U.S. classrooms and teachers. Available at: Ripple (2024) Ushering in the future of crypto payments with stablecoins. Available at: #Ripple #Xrp #Xrpl #RLUSD

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16,248 views • 8 months ago