RIPPLE IS ABOUT TO TAKE A GREAT STEP
The company Ripple, which created XRP, is about to take an important step in the traditional finance sector after applying for a national banking license in the United States.
Ripple's goal is to subject its stablecoin RLUSD to the direct oversight of federal authorities. This is not just a formality, but a strategic attempt to give RLUSD a more solid foundation and open the doors to a more significant role in the financial system.
If Ripple's banking license is approved, the company could hold RLUSD reserves directly with the Federal Reserve.
Ripple's CEO, Brad Garlinghouse, has publicly confirmed the request, highlighting that RLUSD already operates under the supervision of New York's financial authorities.
Obtaining a national license through the Office of the Comptroller of the Currency (OCC) would expand that coverage, combining state-level approval with federal credibility.
