Regulation · Permission · New York · Licence or charter · New York State Department of Financial Services
NYDFS limited purpose trust charter: Standard Custody & Trust Company (Ripple)
Limited purpose trust charter held by Standard Custody & Trust Company, LLC, listed by NYDFS among chartered trust companies.
In force · part of New York virtual currency regime (BitLicense, 23 NYCRR Part 200, and limited purpose trust charters)
Held by
Deployments operating under it
| Deployment | Status | Assets | Use cases | Last reviewed |
|---|---|---|---|---|
| Ripple USD (RLUSD)Updated 7 Nov 2026 Ripple | Live (scaled) | Reviewed 13d ago |
Sources
- [1]Virtual Currency Business Licensing — New York State Department of Financial Services. Accessed 12 Oct 2026.A