Hot off the press! Ripple Labs just dropped a bombshell on July 2, 2025, applying for a U.S. national banking license from the Office of the Comptroller of the Currency (OCC). This bold move, confirmed by CEO Brad Garlinghouse on X, could transform the crypto landscape! If approved, Ripple’s RLUSD stablecoin will fall under federal oversight, boosting trust and potentially rivaling USDC and USDT. $XRP P surged 4% to $2.30, adding $6B to its market cap, as investors buzz with excitement. #RippleNews
This isn’t just a compliance play—Ripple’s also eyeing a Federal Reserve Master Account via Standard Custody, acquired in 2024. This could let Ripple hold RLUSD reserves directly with the Fed, cutting out middlemen and slashing costs. Following Circle’s similar bid, this signals a crypto rush for legitimacy amid the GENIUS Act’s new stablecoin rules. Analysts predict XRP could hit $2.65 or even $3 if momentum holds, with some daring to dream of $10 long-term. #XRPtothemoon
But it’s not all smooth sailing. The SEC lawsuit lingers, and the muted 3% price jump post-announcement hints at skepticism. Will this license unlock institutional adoption or hit regulatory snags? The market’s split—bulls see a game-changer, bears warn of delays. Engage now! Do you think Ripple’s bid will skyrocket $XRP or fizzle out? Drop your take below! Follow for more crypto heat. #Crypto2025Trends
Stay tuned—more updates as this story unfolds!
