๐ฅ๐๏ธ BREAKING NEWS: RIPPLE'S BANKING LICENSE APPLICATION IN THE U.S. IS REAL โ NOW UNDER REVIEW! ๐ฅ๐งพ
๐ฆ Ripple National Trust Bank โ The official application from Ripple Labs for a U.S. National Trust Bank Charter โ is now publicly listed in the OCC's Corporate Applications System (
#CAS ) ๐บ๐ธ
๐ Key Data:
๐ธโ
Submitted to: Office of the Comptroller of the Currency (
#OCC )
๐ธ๐๏ธ Proposed name: Ripple National Trust Bank
๐ธ๐ Address: 111โ119 W. 19th St., 6th Floor, New York City
๐ธโ๏ธ Legal advisor: Paul Hastings LLP (Dana Syracuse & Josh Boehm)
๐ธ๐ผ Type of charter: De novo national trust bank โ allows custody, fiduciary, and digital asset banking (not a retail bank).
๐ธ๐ Status: Under review by the OCC โ still pending approval.
๐น Market Summary:
๐ฐ
$XRP โ $2.45
๐ Analysts see potential for a rise of $7โ$10 if the charter is approved.
๐งพ Ripple's victory in
#SEC of 2024 improved its regulatory credibility and trust factor.
๐ Why it matters:
Ripple could become one of the first native cryptocurrency institutions to obtain a national banking license of
#EE.UU. โ bridging blockchain and traditional finance.
If approved, it could unlock access to Fedwire/FedNow, institutional custody, and large-scale liquidity.
โ ๏ธ Note: Approval may take months, and regulators face pressure from traditional banks โ so patience is key.
๐ Still, the message is clear: Ripple is not just talking about adoption โ it is building it.
#Ripple $XRP