In short

  • Ripple finally received approval from the OCC to operate a federally supervised trust bank

  • The charter covers RLUSD reserve management and custody of digital assets for businesses

  • RLUSD supply increased by 86% since January while XRP fell 37%.

Read the original story Who benefits from Ripple's new banking license? XRP holders may end up last in line by Kamina Bashir on no.beincrypto.com

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