Ripple Labs has officially entered the next chapter of crypto evolution — banking. 💼
🏛️ Ripple National Trust Bank, the company’s official U.S. National Trust Bank Charter application, is now live on the OCC (Office of the Comptroller of the Currency) public registry — confirming Ripple’s move into regulated finance. 🇺🇸
📜 Key Highlights
✅ Filed with: U.S. Office of the Comptroller of the Currency (OCC)
🏦 Proposed Name: Ripple National Trust Bank
📍 HQ: 111–119 W. 19th St., 6th Floor, New York City
⚖️ Legal Counsel: Paul Hastings LLP (Dana Syracuse & Josh Boehm)
💳 License Type: De Novo National Trust Bank — enabling digital asset custody, fiduciary services, and institutional banking
🕒 Status: Under active OCC review — not yet approved, but officially recognized
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💹 Market Snapshot
💰 $XRP ≈ $2.40
📈 Analysts predict a $7–$10 potential breakout upon approval 🚀
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🌐 Why It Matters
Ripple’s journey from fintech disruptor to fully regulated bank could transform the way blockchain integrates with global finance.
If approved, Ripple gains access to Fedwire & FedNow, unlocking real-time cross-border settlement, institutional custody, and on-chain liquidity at scale. 💡
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⚠️ Note: Approval may take months — but Ripple isn’t waiting for the future. It’s building it. 🔥
🏆 After its 2024 SEC victory, Ripple is now converting regulatory trust into real financial power.
🌍 The crypto-banking era has officially begun — and Ripple is leading the charge. ⚡
#Ripple #XRP #CryptoNews#Banking #Blockchain #CryptoRevolution #Occi #FinTech
