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Today it will be known if #Ripple becomes a bank.
On July 2, 2025, #Ripple submitted an application to create an entity called Ripple National Trust Bank (“Trust Bank”) as a new national trust bank (de novo national trust bank) to the OCC.
The 120-day review by the Office of the Comptroller of the Currency (OCC) of the application for the national trust bank license of Ripple (“Ripple National Trust Bank”) is scheduled to conclude on October 30.
The approval of this license would allow #Ripple to operate under a national bank structure (digital asset custody, fiduciary services) and would imply a more formal integration of #xrp into the traditional financial system.
This has generated a “bullish sentiment” among #XRP holders and investors, as an approval of a bank regulated by the OCC would be an important validation for the strategy of #Ripple. $XRP $SOL $BNB .
On July 2, 2025, #Ripple submitted an application to create an entity called Ripple National Trust Bank (“Trust Bank”) as a new national trust bank (de novo national trust bank) to the OCC.
The 120-day review by the Office of the Comptroller of the Currency (OCC) of the application for the national trust bank license of Ripple (“Ripple National Trust Bank”) is scheduled to conclude on October 30.
The approval of this license would allow #Ripple to operate under a national bank structure (digital asset custody, fiduciary services) and would imply a more formal integration of #xrp into the traditional financial system.
This has generated a “bullish sentiment” among #XRP holders and investors, as an approval of a bank regulated by the OCC would be an important validation for the strategy of #Ripple. $XRP $SOL $BNB .
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