Ripple Labs has initiated applications for a national bank charter with the Office of the Comptroller of the Currency (OCC) and a Federal Reserve Master Account. The move aims to align Ripple’s operations directly with US federal financial oversight frameworks,… Read More »Ripple Seeks National Bank Charter and Fed Master Account for Stablecoin Oversight
Ripple has initiated an application process for a national bank charter, seeking to operate its RLUSD stablecoin under both state and federal regulatory jurisdictions. This strategic move aims to expand its stablecoin services beyond current New York Department of Financial… Read More »Ripple Pursues National Bank Charter to Expand RLUSD Stablecoin Under Federal Oversight
Cryptocurrency firm Ripple is actively exploring the possibility of securing a US national bank charter. This strategic pursuit aims to align its operations more closely with traditional banking frameworks. Success could significantly enhance liquidity and market stability for its associated… Read More »Ripple Explores US National Bank Charter, Potentially Boosting XRP Liquidity and Regulatory Clarity