Ripple Seeks a U.S. Bank Charter—Is Now a Good Time to Buy Crypto and Load Up on XRP?
The post Ripple Seeks a U.S. Bank Charter—Is Now a Good Time to Buy Crypto and Load Up on XRP? appeared on BitcoinEthereumNews.com. Ripple files for an OCC bank license and a Fed master account, chasing Circle in the stablecoin arms race. XRP pops 3%—is now a good time to buy crypto? In XRP news today, Brad Garlinghouse has had enough of playing mere fintech. In an X post, the Ripple CEO confirmed the firm has filed for a national bank charter with the Office of the Comptroller of the Currency (OCC) and, via its newly acquired Standard Custody, a Federal Reserve master account. If approved, Ripple could hold RLUSD reserves at the Fed and wire stablecoins 24/7 without begging a correspondent bank for permission. Ripple is applying for a national bank charter from the OCC, wrote Brad Garlinghouse on X Why the banking badge matters Dual oversight = instant credibility. Ripple already dances to the tune of New York’s Department of Financial Services (NYDFS). Add the OCC and the Fed, and RLUSD moves from “crypto-adjacent” to “essential plumbing.” Legislative tailwinds. The Senate’s freshly minted GENIUS Act would shove large stablecoin issuers under federal banking supervision anyway. Ripple is front-running the inevitable. Institutional green light. Pension funds and TradFi giants can’t touch your token if it smells like “shadow bank.” A charter Febreezes that stigma. Join the club: Circle, Anchorage … Ripple Circle filed for its own national trust bank two days earlier, proving the smartest route to regulatory love is becoming the regulator’s problem. Anchorage Digital already wears the charter crown, but Ripple’s bid would make it the first payments-focused crypto firm with OCC stripes. Market reaction: XRP flicks green Price: $2.25 (up ~3 % in 24 h) Volume spike: Short-term traders jolted awake, but whale wallets remain eerily calm—suggesting accumulation rather than exit liquidity. Correlation watch: Historically, charter news ≠ long-term pump. Fundamental legitimacy does, however, mute downside during bear…
The post Ripple Seeks a U.S. Bank Charter—Is Now a Good Time to Buy Crypto and Load Up on XRP? appeared on BitcoinEthereumNews.com.
Ripple files for an OCC bank license and a Fed master account, chasing Circle in the stablecoin arms race. XRP pops 3%—is now a good time to buy crypto? In XRP news today, Brad Garlinghouse has had enough of playing mere fintech. In an X post, the Ripple CEO confirmed the firm has filed for a national bank charter with the Office of the Comptroller of the Currency (OCC) and, via its newly acquired Standard Custody, a Federal Reserve master account. If approved, Ripple could hold RLUSD reserves at the Fed and wire stablecoins 24/7 without begging a correspondent bank for permission. Ripple is applying for a national bank charter from the OCC, wrote Brad Garlinghouse on X Why the banking badge matters Dual oversight = instant credibility. Ripple already dances to the tune of New York’s Department of Financial Services (NYDFS). Add the OCC and the Fed, and RLUSD moves from “crypto-adjacent” to “essential plumbing.” Legislative tailwinds. The Senate’s freshly minted GENIUS Act would shove large stablecoin issuers under federal banking supervision anyway. Ripple is front-running the inevitable. Institutional green light. Pension funds and TradFi giants can’t touch your token if it smells like “shadow bank.” A charter Febreezes that stigma. Join the club: Circle, Anchorage … Ripple Circle filed for its own national trust bank two days earlier, proving the smartest route to regulatory love is becoming the regulator’s problem. Anchorage Digital already wears the charter crown, but Ripple’s bid would make it the first payments-focused crypto firm with OCC stripes. Market reaction: XRP flicks green Price: $2.25 (up ~3 % in 24 h) Volume spike: Short-term traders jolted awake, but whale wallets remain eerily calm—suggesting accumulation rather than exit liquidity. Correlation watch: Historically, charter news ≠ long-term pump. Fundamental legitimacy does, however, mute downside during bear…
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