Ripple Seeks U.S. National Bank Charter and Fed Account to Potentially Expand RLUSD Stablecoin Services
The post Ripple Seeks U.S. National Bank Charter and Fed Account to Potentially Expand RLUSD Stablecoin Services appeared on BitcoinEthereumNews.com. Ripple’s strategic move to secure a U.S. national bank charter and Federal Reserve master account marks a pivotal advancement in stablecoin regulation and operational oversight. This initiative aims to streamline RLUSD stablecoin reserve management by enabling direct interaction with the Federal Reserve, reducing reliance on intermediary banks. According to COINOTAG, Ripple’s alignment with the GENIUS Act framework underscores its commitment to pioneering compliance in the evolving stablecoin regulatory landscape. Ripple pursues a national bank charter and Fed master account to enhance RLUSD stablecoin oversight, signaling growth and regulatory alignment in the U.S. crypto market. ‘, ‘
The post Ripple Seeks U.S. National Bank Charter and Fed Account to Potentially Expand RLUSD Stablecoin Services appeared on BitcoinEthereumNews.com.
Ripple’s strategic move to secure a U.S. national bank charter and Federal Reserve master account marks a pivotal advancement in stablecoin regulation and operational oversight. This initiative aims to streamline RLUSD stablecoin reserve management by enabling direct interaction with the Federal Reserve, reducing reliance on intermediary banks. According to COINOTAG, Ripple’s alignment with the GENIUS Act framework underscores its commitment to pioneering compliance in the evolving stablecoin regulatory landscape. Ripple pursues a national bank charter and Fed master account to enhance RLUSD stablecoin oversight, signaling growth and regulatory alignment in the U.S. crypto market. ‘, ‘
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