XRP’s Banking Moment Has Arrived. Here’s the Latest from the U.S. Banking System
2025-07-16 12:17:43
Main Idea
U.S. banking regulators have authorized banks to offer crypto custody services, marking a significant regulatory breakthrough for XRP and its institutional adoption.
Key Points
1. The Federal Reserve, FDIC, and OCC jointly authorized U.S. banks to provide crypto custody services, removing ambiguity for banks to custody XRP.
2. XRP's XRPL is technically primed for institutional custody due to its speed, scalability, and support for tokenization.
3. Ripple has already applied for a U.S. national trust charter and is integrating its stablecoin RLUSD into BNY Mellon's custody platform.
4. The regulatory shift signals the formal institutionalization of XRP, positioning it as a foundational component in the future of finance.
5. Innovations like the DNA Protocol on the XRPL highlight advancements in digital custody and biometric identity solutions.
Description
A groundbreaking shift has just occurred in the U.S. financial system. In an unprecedented move, the Federal Reserve , the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly authorized U.S. banks to offer crypto custody services. This regulatory alignment officially greenlights the safekeeping of digital assets, marking a significant milestone for the cryptocurrency industry, and especially for XRP. Regulatory Alignment Opens the Do...
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