🚀💰 Major breakthrough for Ripple and stablecoins in the U.S.! 💰🚀
The Office of the Comptroller of the Currency (OCC) now allows community banks 🤝 to collaborate with stablecoin issuers, removing previous restrictions. This opens the door for Ripple 💎 to partner with banks and expand the use of its stablecoin RLUSD before obtaining full banking license. 🏦✨
✅ The measure promotes faster and safer payments for local communities. ✅ Ripple acquired Rail, a Canadian platform that handles over 10% of B2B transactions in stablecoins, to accelerate its global expansion. 🌍💸 ✅ The GENIUS Act moves forward to regulate and foster trust in digital assets. 📜🔐 ✅ RLUSD already exceeds $500 million in circulation, backed by cash and Treasury bonds. 💵📈