Ripple Eyes U.S. Banking License Amid Regulatory Push
2025-07-02 18:13:51
Main Idea
Ripple is pursuing a Fed Master Account and Standard Custody will secure RLUSD, highlighting Ripple's efforts in the crypto market.
Key Points
1. Ripple’s CEO Brad Garlinghouse confirmed the company is applying for a Fed Master Account.
2. Standard Custody will hold RLUSD, emphasizing its trusted and secure infrastructure.
3. RLUSD is positioned in a market valued at over $250 billion.
Description
The post Ripple Eyes U.S. Banking License Amid Regulatory Push appeared first on Coinpedia Fintech News Ripple Labs, a blockchain-based cross-border company, has filed for a national banking license with the United States Office of the Comptroller of the Currency (OCC). Ripple’s CEO Brad Garlinghouse confirmed that the company is seeking a national banking charter, to enhance its regulatory compliance. Garlinghouse also noted that Standard Custody, a Ripple subsidiary, applied for a Fed Master A...
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