Jack McDonald, Ripple's SVP (Senior Vice President) for stablecoins, stated at Consensus 2026 in Miami, USA, that Ripple's stablecoin business will soon obtain a license from the U.S. Office of the Comptroller of the Currency (OCC). He explained, "Ripple's stablecoin business already holds licenses in New York State, as well as in various other regions around the world."