š„šļø BREAKING: RIPPLEāS U.S. BANKING LICENSE APPLICATION IS REAL ā NOW UNDER REVIEW! š„š§¾
š¦ Ripple National Trust Bank ā Ripple Labsā official application for a U.S. National Trust Bank Charter ā is now publicly listed on the OCCās Corporate Application System (CAS) šŗšø
š Key Facts:
ā
Filed with: Office of the Comptroller of the Currency (OCC)
šļø Proposed name: Ripple National Trust Bank
š Address: 111ā119 W. 19th St., 6th Floor, New York City
āļø Legal counsel: Paul Hastings LLP (Dana Syracuse & Josh Boehm)
š¼ Charter type: De novo national trust bank ā enables custody, fiduciary & digital-asset banking (not a retail bank).
š Status: Under OCC review ā no approval yet.
š¹ Market Snapshot:
š° $XRP ā $2.40
š Analysts see potential for a $7ā$10 surge if the charter is approved.
š§¾ Rippleās 2024 SEC win enhanced its regulatory credibility and trust factor.
š Why It Matters:
Ripple could become one of the first crypto-native institutions to gain a U.S. national banking license ā bridging blockchain and traditional finance.
If approved, it may unlock access to Fedwire/FedNow, institutional custody, and large-scale liquidity.
ā ļø Note: Approval may take months, and regulators face pressure from legacy banks ā so patience is key.
š Still, the message is clear: Ripple isnāt just talking about adoption ā itās building it.
#Ripple
$XRP
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