🚨 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. 💥

$TAO

XRP
XRP
2.0193
+0.75%
TAO
TAO
297.5
+2.90%

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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?