SoFi Lets U.S. Users Deposit XRP on OCC-Chartered Platform

SoFi Technologies on April 21 enabled XRP deposits on its national OCC-chartered platform, allowing U.S. retail customers to move XRP into SoFi Crypto accounts alongside bitcoin, ethereum and solana.

The platform operates under a national bank charter supervised by the Office of the Comptroller of the Currency, placing XRP deposits within a bank-linked, regulated environment.

SoFi’s deposit capability covers 12 cryptocurrencies and supports transfers on the Bitcoin network, the Ethereum network, the Solana network and the XRP Ledger. The depositable assets include bitcoin, ethereum, USD Coin, chainlink, shiba inu, uniswap, aave, polygon, Lido DAO, floki, solana and XRP.

Separately, SoFi’s trading roster lists 27 tokens available to retail traders, with offerings such as dogecoin, cardano, avalanche, stellar, sui, bitcoin cash, hedera, litecoin, near, ethereum classic, arbitrum, cosmos, sei, bonk and tezos.

SoFi announced the update on X and described the platform as a single application where users can buy, sell and hold crypto through a national chartered bank.

Ripple posted on X: ‘More access to XRP with SoFi means more people can participate, and that’s exactly how utility grows.’ Ripple linked the integration to wider adoption and to closer alignment between banking services and digital asset markets.

By adding deposit support within an OCC-chartered platform, XRP gains an additional regulated channel for U.S. retail customers to move the token into a consumer banking-linked account, integrating deposits and trading within SoFi’s account framework.