A Ripple has taken another important step by receiving approval to form the Ripple National Trust Bank. The conditional approval from the Office of the Comptroller of the Currency (OCC) places Ripple in a new category within the U.S. financial system. This move raises expectations about the company's future, its stablecoin structure, and XRP.
Expectations regarding Ripple's next steps
Stern Drew (@SternDrewCrypto) highlighted this development, sharing a screenshot of the announcement made by Ripple CEO Brad Garlinghouse. The initial reaction from industry experts demonstrates the significance of this change.
Stern Drew observed that the OCC's decision subjects Ripple to federal and New York state oversight, which strengthens the company's regulatory position. In his publication, he states that RLUSD, Ripple's stablecoin, now has a higher compliance standard. He also declared that the approval places XRP at the core of the U.S. financial system.
Ripple CEO criticizes authorities
In his publication, Garlinghouse wrote that Ripple received conditional approval from the OCC and called it "a huge step forward." He highlighted the high compliance standard of RLUSD, adding to the list of achievements of the stablecoin, which recently reached a market value of $1 billion. His focus on the regulatory robustness of RLUSD signals Ripple's attempt to secure a stable position within the U.S. financial system.
The CEO then addressed the criticisms of those questioning the role of digital asset companies in the regulated financial sector. He stated that objections reveal a fear of competition. He added that the cryptocurrency sector now operates under the oversight of the OCC (Office of the Comptroller of the Currency) and meets the expected standards of regulated institutions.
His message presented Ripple as a company prepared to comply with established regulations while expanding its product portfolio. Garlinghouse's comments also indicate that Ripple views national oversight as crucial for long-term growth.
Why is this important for the growth of XRP?
This change strengthens the environment around XRP. A national trust bank puts Ripple in direct contact with U.S. regulators, creating clearer conditions for institutions that need access to its products. XRP benefits from this change as it is the foundation of Ripple's technology.
With RLUSD and the bank operating under the highest level of oversight, market participants will see the system as safer. Adoption of XRP will grow as Ripple gains influence in the financial system.
This increase in demand may positively impact the price, potentially driving it to new heights as institutions flood the market. Ripple has achieved yet another remarkable feat to close 2025. XRP may experience explosive growth as we enter the new year.
Remember folks, that nothing said here represents a recommendation to buy, sell, or hold assets.
Thank you all!
