🏦 Ripple Takes a Bold Step Toward U.S. Banking System

Ripple has officially applied for a national banking license and a Federal Reserve Master Account.

This move could reshape how stablecoins operate in the U.S. — with RLUSD at the center of the transformation.

👇 Here's what you need to know:

🔹 What happened?

Ripple filed for a national bank charter with the OCC (Office of the Comptroller of the Currency).

They’re also seeking a Fed Master Account, allowing RLUSD to be redeemed 24/7 with reserves held directly at the Fed.

🔹 Why does it matter?

With this structure, Ripple could:

Operate as a full-fledged bank

Eliminate intermediaries

Enhance transparency and compliance

Provide stronger institutional-grade backing for RLUSD

🔹 What is RLUSD?

Launched in 2024, Ripple’s stablecoin is gaining traction:

💰 Already ~$469 million in market cap

🔒 Designed for compliance, speed, and trust

🔹 The bigger picture

Ripple joins a growing list of crypto firms (Circle, Coinbase, Paxos) looking to bridge crypto and TradFi via regulated banking frameworks.

📌 Bottom line:

If approved, this move would position Ripple as a key player in the next generation of crypto-native banking — fully regulated and directly connected to the U.S. financial system.

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