📰🚨 BREAKING: Ripple’s Banking License Sparks Wall Street Shockwaves! 🚀🏦
Ripple Labs just went next level.
Their U.S. National Trust Bank application is officially listed on the OCC’s registry — a massive leap from blockchain to bank-grade finance.
Here’s what’s cooking 👇
📍 Proposed Name: Ripple National Trust Bank
⚖️ Filed With: U.S. Office of the Comptroller of the Currency (OCC)
💳 Type: De Novo National Trust Bank Charter
📍 HQ: New York City
🧠 Legal Team: Paul Hastings LLP (Dana Syracuse & Josh Boehm)
🔒 Purpose: To offer digital asset custody, institutional settlement, and fiduciary services — all under a U.S. banking framework.
💹 Market Reaction:
XRP hovering around $2.40
Analysts whispering about a $7–$10 target if approval hits.
📊 Ripple’s SEC win in 2024 wasn’t the end — it was just the setup.
Now they’re positioning themselves to plug directly into FedNow, Fedwire, and institutional money pipelines.
⚠️ Still under review. Not approved yet.
But if this clears… Ripple becomes the first true blockchain-powered U.S. bank.
🧠 So, traders — what’s your call?
Is Ripple building the next JPMorgan of crypto… or just chasing headlines? 👇