Ripple SVP says stablecoin business to soon get U.S. OCC license

Jack McDonald, Ripple's Senior Vice President of Stablecoins, said at Consensus 2026 in Miami that the company's stablecoin business will soon acquire a license from the U.S. Office of the Comptroller of the Currency (OCC). He noted that the business is already licensed in New York State and several other jurisdictions worldwide.