Ripple Seeks U.S. National Trust Bank Charter and Fed Account to Potentially Expand Stablecoin Services
The post Ripple Seeks U.S. National Trust Bank Charter and Fed Account to Potentially Expand Stablecoin Services appeared on BitcoinEthereumNews.com. Ripple is pursuing a national trust bank charter and a Federal Reserve master account to expand its RLUSD stablecoin services and streamline payment settlements across the United States. The trust bank will manage RLUSD reserves and provide fiduciary services aligned with digital asset payments. Federal Reserve master account access will reduce transaction costs by eliminating intermediaries. ‘, ‘
The post Ripple Seeks U.S. National Trust Bank Charter and Fed Account to Potentially Expand Stablecoin Services appeared on BitcoinEthereumNews.com.
Ripple is pursuing a national trust bank charter and a Federal Reserve master account to expand its RLUSD stablecoin services and streamline payment settlements across the United States. The trust bank will manage RLUSD reserves and provide fiduciary services aligned with digital asset payments. Federal Reserve master account access will reduce transaction costs by eliminating intermediaries. ‘, ‘
What's Your Reaction?
