$ONDO
Heating UpSnapshot Window: 2026-09-11 20:20 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 3, Retweets: 0, Likes: 136, Impressions: 10351
Verbatim Community Citations & Social Evidence 1 source posts analyzed
Ripple breaks down what actually backs RLUSD RLUSD operates under NYDFS trust charter (via Standard Custody & Trust Co), with reserves in cash + short-term US Treasuries BNY Mellon serves as reserve custodian Ripple also holds conditional OCC approval for Ripple National
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AI visual note: The image outlines three oversight frameworks for U.S. stablecoin issuers—Money Transmitter Licenses (MTLs), state trust company charters, and federal prudential oversight created by the GENIUS Act signed July 2025—which relate to the post by illustrating the regulatory options available to Ripple for RLUSD, which currently operates under a NYDFS trust company charter with BNY Mellon as reserve custodian and is pursuing conditional OCC approval for a national trust bank charter.