🏦 A #RİPPLE CAN OBTAIN BANKING LICENSE ❓
A REVOLUTIONARY CHANGE AHEAD ❗ 🚀
🔥 BREAKING: American entrepreneur Greg Kidd (former congressional candidate and co-founder of Haka Yaka Ventures) revealed plans for a new banking charter that could facilitate access for companies like Ripple to the traditional banking sector!
💡 WHAT DOES THIS MEAN?
📋 New Licensing Proposal:
⋙ Simplified charter for institutions focused only on deposits and payments
⋙ No need for physical branches or loan operations
⋙ Would facilitate licensing for "digital-first" companies like Ripple
💰 Advantages of #XRPledger
Kidd highlighted that "the settlement cost on the XRP Ledger is almost zero," comparing efficient payment systems to utilities.
🎯 IMPACT FOR #CRYPTOCURRENCY $XRP
AND
🏛️ Ripple Advances ⬇
✅ Platinum member of the American Bankers Association (ABA) since June 2024
✅ CEO Brad Garlinghouse reaffirms commitment to banking reform
✅ Focus on faster and cheaper cross-border payments
🌍 Future Vision
Kidd is working to launch dollar, euro, and pound-backed tokens through regulated banks, maintaining FDIC insurance and regulatory standards.
📈 WHY IS THIS IMPORTANT?
This proposal represents a paradigm shift in the financial system:
🔄 Modernization of the traditional banking system
🚪 Opening up to innovative players in the digital economy
⚡ Banking legitimacy without the limitations of the legacy system
⚠️ DISCLAIMER: This content is informative and does not constitute financial advice. Always do your own research (DYOR) before making investment decisions.
