{"id":34871,"date":"2025-07-02T19:01:31","date_gmt":"2025-07-02T19:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34871"},"modified":"2025-07-02T19:01:31","modified_gmt":"2025-07-02T19:01:31","slug":"xrp-spikes-3-as-ripple-applies-for-us-banking-license","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34871","title":{"rendered":"XRP Spikes 3% As Ripple Applies For US Banking License"},"content":{"rendered":"<div>\n<p><strong>Ripple<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) is joining the ranks of crypto firms <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45751163\/ripples-stablecoin-rlusd-gets-regulatory-nod-in-dubai\">seeking greater legitimacy<\/a> and regulatory clarity by applying for a national banking license with the U.S. Office of the Comptroller of the Currency.<\/p>\n<p>The move would shift oversight of Ripple&#8217;s stablecoin, RLUSD, from New York state regulators to federal jurisdiction, aligning with upcoming stablecoin legislation.<\/p>\n<p><a href=\"https:\/\/www.wsj.com\/finance\/regulation\/ripple-seeks-a-u-s-banking-license-adding-to-list-of-crypto-companies-e007afa4\">According to<\/a> the Wall Street Journal, Ripple&#8217;s subsidiary, Standard Custody &amp; Trust, has also submitted an application for a Federal Reserve master account. <\/p>\n<p>This would give Ripple direct access to U.S. central banking infrastructure, enabling 24\/7 issuance and redemption of RLUSD and direct custody of reserves.<\/p>\n<p>The effort &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/07\/46230381\/xrp-spikes-3-as-ripple-applies-for-us-banking-license\" alt=\"XRP\" spikes as ripple applies for us banking license>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple (CRYPTO: XRP) is joining the ranks of crypto firms seeking greater legitimacy and regulatory clarity by applying for a national banking license with the U.S. Office of the Comptroller of the Currency. The move would shift oversight of Ripple&#8217;s stablecoin, RLUSD, from New York state regulators to federal jurisdiction, aligning with upcoming stablecoin legislation. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34871","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34871"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34871\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}