Ripple is taking a massive leap toward becoming a regulated force in U.S. finance! ๐ The Office of the Comptroller of the Currency (OCC) has officially listed Ripple National Trust Bank on its Corporate Application System (CAS) โ confirming that the application is 100% real and active! โ๏ธ
๐ Key Details:
๐๏ธ Filed with: U.S. OCC (Office of the Comptroller of the Currency)
๐ฆ Proposed name: Ripple National Trust Bank
๐ Location: 111โ119 W. 19th St., 6th Floor, New York City
๐ผ Legal Counsel: Paul Hastings LLP (Dana Syracuse & Josh Boehm)
๐ณ Charter Type: De novo national trust bank โ allowing digital asset custody & institutional services, not retail deposits.
๐ Status: Under regulatory review โ no approval yet, but confirmation of filing is a huge step forward! โ
๐น Market Watch:
๐ฐ $XRP Price: โ $2.47 (+3.16%)
๐ Analysts predict a potential rally to $7โ$10 if the OCC gives Ripple the green light. ๐
๐ Why It Matters:
Ripple could become one of the first crypto-native entities with a U.S. national banking license, opening doors to Fedwire, FedNow, and institutional-grade liquidity solutions. ๐ก This move could transform XRPโs real-world utility and cement Rippleโs position as a bridge between blockchain and traditional finance. ๐
โ ๏ธ Note: Approval may take months โ regulators remain cautious amid pressure from traditional banks. But one thingโs crystal clear: Ripple isnโt waiting for the future โ itโs building it. ๐ช๐ฅ
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