🏦 RIPPLE RECEIVES FINAL US TRUST BANK APPROVAL
A major development for Ripple’s institutional ambitions.
On October 26, Ripple received final approval to operate a national trust bank under US federal supervision.
Why does this matter?
* Institutional custody services.
* RLUSD reserve management.
* Stronger access to regulated financial infrastructure.
This is an important development for Ripple’s business, although it does not guarantee an increase in XRP’s price.
#Ripple #XRP #Banking #CryptoNews
A major development for Ripple’s institutional ambitions.
On October 26, Ripple received final approval to operate a national trust bank under US federal supervision.
Why does this matter?
* Institutional custody services.
* RLUSD reserve management.
* Stronger access to regulated financial infrastructure.
This is an important development for Ripple’s business, although it does not guarantee an increase in XRP’s price.
#Ripple #XRP #Banking #CryptoNews
