{"id":34996,"date":"2025-07-03T09:47:06","date_gmt":"2025-07-03T09:47:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34996"},"modified":"2025-07-03T09:47:06","modified_gmt":"2025-07-03T09:47:06","slug":"xrp-crypto-on-course-to-break-3-as-ripple-applies-for-a-national-banking-license","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34996","title":{"rendered":"XRP Crypto on Course to Break $3 as Ripple Applies for a National Banking License"},"content":{"rendered":"<div>\n<p><em>XRP crypto bulls are targeting $3. Ripple, the issuer of RLUSD stablecoin, has submitted an application to the OCC for a national banking license.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">Yesterday, XRP crypto surged, closing above $2.20 and extending gains initiated on June 23. At this pace, <span class=\"cpp-widget-coin cpp-widget-99btc\" data-symbol=\"xrp\" data-name=\"XRP\" data-price=\"2.280653471000000\" data-change=\"4.02\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/03\/05094533\/xrp-xrp-logo.svg\" alt=\"xrp logo\">XRP <span style=\"color: #37a72b;\">\u25b24.02%<\/span><\/span> not only solidified its position as one of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\">, adding a solid 5% in the last day, but also erased losses from the past week, returning to positive territory.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">XRP Crypto Bulls Targeting $3<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Based on the XRPUSDT price formation on the daily chart, there is a high probability that the coin will break above its June 2025 highs of around $2.5. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If this happens, XRP could race toward $3 in a bullish trend that might set the stage for the coin to flip Ethereum.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-xrp\" data-coin-symbol=\"xrp\" data-price-usd=\"XRP Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/03\/05094533\/xrp-xrp-logo.svg\" alt=\"xrp logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">XRP<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">XRP<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$134.57B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68664eb0a554a\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While technical candlestick formations may influence momentum and provide direction, fundamental developments play a key role in determining the pace of this expansion and whether bulls will breach $3, outperforming some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best Solana meme coins<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$XRP<\/a> jumped 3.6% after reports that Ripple has applied for a national banking license from the OCC, signaling a push for federally regulated crypto services. <\/p>\n<p>Follows Circle\u2019s lead amid growing legislative clarity for stablecoins.<\/p>\n<p>Institutions are trusting and adopting! <a href=\"https:\/\/t.co\/kZyaUdnam4\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/kZyaUdnam4<\/a><\/p>\n<p>\u2014 Tom Tucker (@WhatzTheTicker) <a href=\"https:\/\/twitter.com\/WhatzTheTicker\/status\/1940496029910290533?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span data-preserver-spaces=\"true\">Ripple Applies for a National Banking License<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">After Circle rejected the $5 billion offer ahead of its highly anticipated IPO on the NYSE, Ripple, the private company offering multiple payment solutions, submitted an <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.wsj.com\/finance\/regulation\/ripple-seeks-a-u-s-banking-license-adding-to-list-of-crypto-companies-e007afa4\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">application<\/span><\/a><span data-preserver-spaces=\"true\"> on July 2 to the United States Comptroller of the Currency (OCC) for a national banking license.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The move was unexpected. Ripple aims to disrupt traditional banks by providing payment processors and other firms with a rail to transfer value cheaply, instantly, and globally via the blockchain, specifically the XRP Ledger. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ripple is also aggressively pursuing a parallel application for a Federal Reserve master account through its subsidiary, Standard Custody and Trust Company.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These applications position Ripple as a frontrunner in bridging the divide between crypto and traditional finance (TradFi). <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If the OCC approves the application and issues a license, Ripple could operate as a federally regulated bank in the United States. This would allow Ripple to issue its RLUSD stablecoin for institutions under the OCC\u2019s supervision while complying with regulations set by the strict New York Department of Financial Services (NYDFS).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Brad Garlinghouse, the CEO of Ripple, said any approval would establish a \u201cnew and unique benchmark of trust in the stablecoin market.\u201d The United States-based payment platform could also hold RLUSD reserves directly with the Federal Reserve, providing what the CEO calls \u201can additional layer of security to future-proof trust.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">True to our long-standing compliance roots, <a href=\"https:\/\/twitter.com\/Ripple?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Ripple<\/a> is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market.<\/p>\n<p>Earlier in the week via\u2026 <a href=\"https:\/\/t.co\/IdiR7x3eWZ\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/IdiR7x3eWZ<\/a><\/p>\n<p>\u2014 Brad Garlinghouse (@bgarlinghouse) <a href=\"https:\/\/twitter.com\/bgarlinghouse\/status\/1940454339207667941?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best Meme Coin ICOs to Invest in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Crypto Firms Rushing for Banking Licenses<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Ripple\u2019s move is part of a broader trend among crypto firms to secure banking licenses as Congress and the Senate push for clearer industry regulations in a market valued at over $3.4 trillion. This shift is unexpected, given crypto\u2019s anti-establishment roots.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ripple now joins Circle, which <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.circle.com\/pressroom\/circle-applies-for-national-trust-charter\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">applied<\/span><\/a><span data-preserver-spaces=\"true\"> for a national trust bank charter with the OCC in late June. If approved as a national bank complying with Federal Reserve laws, Circle could act as a reserve custodian and directly offer institutional crypto asset custody.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In 2021, Paxos <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.occ.gov\/news-issuances\/news-releases\/2021\/nr-occ-2021-49.html\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">received<\/span><\/a><span data-preserver-spaces=\"true\"> preliminary approval to operate as a federal bank but continues to navigate the regulatory process to expand its custodial and payment services. Anchorage Digital remains the only crypto firm to secure a national banking license, acquired in 2021.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"President of Crypto startup Anchorage talks receiving a federal bank charter for a full crypto bank\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/VKEuNyyHDME?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">The rush for banking licenses is driven by the need for stability. Following the collapse of Silvergate and Signature Bank, crypto firms reliant on USD infrastructure faced significant challenges. At one point, USDC depegged because Circle couldn\u2019t access cash over a weekend. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"The Bank that Almost Broke Crypto\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/jfIHq5Hhw5w?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">If leading stablecoin issuers gain direct access to financial infrastructure, their operations would be more robust, avoiding challenges faced in March 2023. This also aligns with Donald Trump\u2019s push to make the United States a hub for crypto operations.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000x Crypto \u2013 11 Coins That Could 1000x in 2025<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">XRP Crypto Bulls Target $3, Ripple Applies for National Banking License<\/h2>\n<\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">XRP crypto steady, aims for new July 2025 highs<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">XRP bulls targeting $3 in H2 2025<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Ripple applies with the OCC for a national banking license<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Brad Garlinghouse, the CEO of Ripple, thinks the approval will significantly boost trust in crypto<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/p>\n<\/ul>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/xrp-crypto-on-course-to-break-3-as-ripple-applies-for-a-national-banking-license\/\">XRP Crypto on Course to Break $3 as Ripple Applies for a National Banking License<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP crypto bulls are targeting $3. Ripple, the issuer of RLUSD stablecoin, has submitted an application to the OCC for a national banking license. Yesterday, XRP crypto surged, closing above $2.20 and extending gains initiated on June 23. At this pace, XRP \u25b24.02% not only solidified its position as one of the best cryptos to [&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-34996","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\/34996","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=34996"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34996\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}