🚨 BREAKING: Ripple Applies for US National Bank Charter
Ripple has officially filed for a national bank charter with the Office of the Comptroller of the Currency (OCC), CEO Brad Garlinghouse revealed on X. ✅
📌 If approved, Ripple would join Circle in becoming one of the first major crypto firms with a full US bank license.
📌 Ripple is also seeking a Fed Master Account, granting direct access to the Federal Reserve’s payment rails and the ability to custody stablecoin reserves at the central bank.
This move could mark a historic step in bridging crypto with the US banking sector.
#web3