🚨 BOOOOOOM! 🚨
Ripple has officially received conditional approval from the U.S. OCC to charter the Ripple National Trust Bank.
This is the moment the $XRP community has been waiting for.
💥 $XRP IS LOCKED. GAME HAS BEGUN. 💥


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Brad Garlinghouse @bgarlinghouse
HUGE NEWS! @Ripple has just received conditional approval from @USOCC to establish the Ripple National Trust Bank. This is a massive step forward – first for $RLUSD, setting the highest standard for stablecoin compliance with federal (OCC) and state (NYDFS) oversight.
To the banking lobbyists – your anti-competitive tactics are transparent. You have complained that crypto isn't playing by the same rules, but here is the crypto industry – directly under the oversight and standards of the OCC – prioritizing compliance, trust, and innovation for the benefit of consumers. What are you so afraid of?