🚨 BREAKING: Ripple Applies for Full U.S. Banking License
Ripple has officially applied for a U.S. national banking charter and Federal Reserve master account, allowing it to issue its stablecoin RLUSD directly from a licensed U.S. bank.
This is HUGE for XRP holders — it means Ripple could become a fully regulated U.S. crypto bank, bypassing traditional banks and integrating directly with the Fed.
👉 Why it matters:
• Ripple would no longer depend on intermediaries.
• Could issue stablecoins backed 1:1 with USD.
• Massive legal & institutional validation for XRP.
• Sets precedent for other crypto-native companies to go bank-direct.
📅 This move comes just before Crypto Week in U.S. Congress (July 14–18), where lawmakers are debating stablecoin and market structure laws.