🏛️ Ripple wants to be a bank: license in the U.S. on the way

Ripple has applied for a national banking license with the OCC, seeking to operate as a regulated entity and obtain a master account at the Federal Reserve. This would allow it to directly custody the reserves of its stablecoin RLUSD and issue payments 24/7.

📌 Strategic keys:

- Ripple joins Circle in the race for legitimacy.$USDC

- The move anticipates the GENIUS Act, which requires licenses for stablecoin issuers.

- $XRP rose 3.2% after the announcement.

💥 When crypto asks for a license… it’s because it wants to play in the major league.$SUI

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