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📢🔥 42 American banks are trying to stop Ripple!
In a controversial move, 42 of the largest American banks – such as JPMorgan, Bank of America, and Goldman Sachs – have filed a formal objection to prevent Ripple from obtaining a National Trust Bank license in the United States.
💥 The reason?
The banks claim that the stablecoin Ripple (RLUSD) could function like traditional deposits but without FDIC protection, threatening the traditional banking system. They also objected that the review period was too short (less than 3 weeks) and did not allow for a comprehensive risk assessment.
💡 And for every successful person… there are always those who try to fight against them, and it seems that Ripple's success is beginning to shake the thrones of traditional banks, especially with the use of XRP in cross-border payments.
📌 My personal opinion:
It is clear that traditional banks feel threatened by Ripple's expansion and technologies. This may be the beginning of a larger public clash between crypto and traditional banks.
The question for you:
Do you think Ripple will obtain the license despite the banks?
📈 Yes, they will obtain the license
❤️ Maybe after settlements and regulatory conditions
📉 No, banking pressure will prevent it
#XRP #Ripple #Banks #Crypto #عملات_رقمية_مجانية