Breaking: Ripple Applies for US Banking License Ripple is seeking a banking license in the US after rolling out its highly regulated stablecoin According to a Wednesday report by the Wall Street Journal, enterprise blockchain company Ripple has applied for a national banking license from the U.S. Office of the Comptroller of the Currency (OCC). This means that Ripple will potentially be able to operate more like a traditional bank that will be subject to federal banking regulations