Ripple has applied for a banking license in the USA!
CEO Brad Garlinghouse announced the company's intention to obtain a license, which will allow for faster payments and bypass intermediary banks, reducing costs.
This is an important step towards legitimizing Ripple in the financial market, especially in light of the recent request from Circle for a similar license.
If the application is approved, Ripple will be able to expand its capabilities in the stablecoin market and offer its clients more convenient solutions.
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