Skip to content

Expert Says What Ripple Becoming a Bank Means for XRP and RLUSD Might Shock You

2025-07-04 12:20:38

Expert Says What Ripple Becoming a Bank Means for XRP and RLUSD Might Shock You

Main Idea

Ripple's application for a U.S. bank charter could enhance the legitimacy and utility of XRP and RLUSD, positioning Ripple as a crypto-native bank with significant institutional trust and regulatory oversight.

Key Points

1. Ripple's pursuit of a national bank charter would elevate its status to a full-fledged financial institution, similar to major banks like JPMorgan.

2. RLUSD, Ripple's stablecoin, could gain enhanced trust and institutional adoption by holding reserves directly at the Fed and potentially obtaining FDIC insurance.

3. XRP's utility may increase through Ripple's On-Demand Liquidity (ODL) platform, leveraging its bank legitimacy and Federal Reserve connectivity.

4. Ripple's move could make it the first blockchain-native bank, built on the XRP Ledger, marking a significant milestone in crypto integration with traditional finance.

5. The application includes oversight from the OCC and NYDFS, which could make RLUSD one of the most trusted stablecoins in the market.

Description

Ripple’s bold decision to apply for a U.S. bank charter has set the crypto world abuzz, and for good reason. This move, as highlighted by All Things XRP, could fundamentally alter the financial and regulatory landscape for both Ripple’s native token, XRP, and its U.S. dollar-backed stablecoin, RLUSD. More than a regulatory formality, this is a strategic leap that may redefine what a crypto company can become in the era of institutional adoption. National Bank Status: Legitimacy at a New Level By...

>> go to origin page
Tags:
Cryptocurrency News Ripple RLUSD XRP
$XRP
$2.2153
-2.14%
$USDC
$0.9989
+0.03%

Latest News