Key point:
Ripple Labs' application for a US banking license has acted as a catalyst for XRP, paving the way for a potential rally to $2.65.
Ripple Labs CEO Brad Garlinghouse said in a post on X that the company "is applying for a national bank charter" from the Office of the Comptroller of the Currency (OCC).
Garlinghouse added that the firm would come under federal and state ove rsight if the license is approved. That would create a "new (and unique!) benchmark for trust in the stablecoin market."
Could XRP (XRP) benefit from the news and break out of its overhead resistance? Let's analyze the charts to find out. $XRP $BNB $BTC
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