Ripple has applied for a U.S. national bank charter and a Federal Reserve master account to strengthen regulatory alignment and oversight of its RLUSD stablecoin. The application aims to transition RLUSD’s regulatory supervision from state to federal levels, enhancing compliance… Read More »Ripple Pursues U.S. Bank Charter and Fed Master Account for Enhanced RLUSD Oversight
Blockchain payments firm Ripple has filed formal applications for a U.S. bank charter with the Office of the Comptroller of the Currency and the New York Department of Financial Services. This initiative aims to anchor its RLUSD stablecoin operations within… Read More »Ripple Pursues US Banking Charter and Fed Access to Bolster RLUSD Stablecoin
Blockchain payments firm Ripple is pursuing a U.S. national banking charter to shift regulatory oversight of its RLUSD stablecoin from state to federal jurisdiction. The application to the Office of the Comptroller of the Currency (OCC) aims to replace RLUSD’s… Read More »Ripple Seeks National Banking License for Enhanced Stablecoin Oversight